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Business News of Tuesday, 3 March 2020

Source: www.mynigeria.com

Aluko appointed 11 Plc Director

11 Plc was formerly known as Mobil Nigeria 11 Plc was formerly known as Mobil Nigeria

Senator Gbenga Aluko has been appointed Independent Non-Executive Director of 11Plc.

According to a notice filed by the firm to the Nigerian Stock Exchange, the appointment is effective February 27th, 2020.

Senator Aluko is a graduate of the College of Energy and Petroleum Studies, Oxford, England with a post-graduate Degree in International Oil Trading and Pricing. He had his first degree in Geography with a specialization in Regional Planning from the University of Benin in 1982.

He is the Executive Chairman of Alsteg & Midlands Limited and serves as an external consultant to Chevron Nigeria Mid-Africa Strategic Business Unit. He retired as the Director, Government Affairs, Policy, Government and Public Affairs - Chevron Nigeria Mid-Africa Strategic Business Unit (NMASBU) in January 2018. He has over 25 years' experience in the oil and gas industry.

He was also a Senator of the Federal Republic of Nigeria, representing Ekiti South Senatorial District from 1999-2003. As a member of the 4th National Assembly, He served as the Chairman Senate Committee on Petroleum (Downstream) and Vice Chairman Senate Committee on Gas among other committees.

He is a member of several professional bodies with various awards to his credit. A recipient of fellowships & grants from foreign universities and bodies including the prestigious Stanford University Graduate School of Business.

Aluko's appointment is however subject to the approval of shareholders and regulatory bodies.