Heritage oil appoints new CEO

Heritage Bank

Heritage Oil Limited has appointed Adogbeji (Ado) Oseragbaje as its new Chief Executive Officer with effect from the 14th of July 2022.

Ado will also lead HOL’s Nigerian operations as Chief Executive Officer of Heritage Energy Operational Services Limited, a statement from the oil firm said yesterday.

It stated that Naeem – Atiq Sadiq, has stepped down from his role as Chief Executive Officer of HOL and HEOSL “But will remain with the company for an interim period to facilitate a smooth handover to Ado.”

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Ado, the statement added, brings 25 years of leadership experience in the oil and gas business and joins Baker Hughes where he was vice president covering Sub-Saharan Africa.

He has previously held senior positions, including at General Electric and Schlumberger, across the world.

Commenting on the appointment, Chairman of HOL, Michele Faissola, stated: “Ado brings a wealth of experience to the role that will be of huge benefit to the company and its stakeholders, particularly in Nigeria. We are delighted to appoint a person of Ado’s calibre as our new Chief Executive Officer.”

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Regarding his new appointment, he said: “I am excited to join the Heritage team. The company has a diverse portfolio, world class assets, the potential for future expansion and the ambition to join in addressing the dual challenge of energy security and sustainability. I think we are a great fit and I’m looking forward to this opportunity.”

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