Pan Ocean Oil Corporation (Nigeria) Limited and the Newcross Group of Companies have announced the appointment of Remilekun Soyannwo as an Independent Non-Executive Director to the Board.
This appointment marks another critical step in the organisation’s journey towards strengthening leadership and governance. It underscores the Group’s commitment to embedding global standards of transparency, accountability, and independent oversight across its operations.
Soyannwo brings over three decades of Finance and Leadership experience, spanning the Energy, Corporate Finance, Portfolio and Investment Management disciplines.
She has served in various capacities, including as Chief Executive Officer of the Shell Pension Fund, Finance Director of Shell Nigeria Exploration and Production Company (SNEPCo) and Principal Mergers and Acquisitions, leading financial operations, management and governance for Shell Nigeria’s premier deep-water operations as well as financial strategy delivery across Shell’s Sub-Saharan African business. With a successful career and significant roles at Shell, BP Plc UK, Chevron Nigeria Ltd, she brings valuable experience in international best practice in the Oil & Gas as well as the Financial services Industry.
Soyannwo is a Chartered Accountant and holds an MBA from Cranfield University (UK) as well as a Diploma in Corporate Governance and Leadership from the Financial Times (UK). She is a member of the Institute of Directors in both Nigeria and the UK.
Commenting on the appointment, Steven Fadeyi, Group Managing Director, Pan Ocean and Newcross Companies, said:
“Mrs Soyannwo’s appointment reflects our deliberate effort to strengthen governance and embed diverse expertise within our Board. Her depth of experience and insight into finance, risk management and sustainability will add tremendous value as we continue our journey toward building a responsible energy enterprise”, he said.
The addition of Soyannwo builds on the Group’s strategic agenda to consolidate its reputation as a resilient, innovative, and sustainable operator.
Pan Ocean and the Newcross Companies comprise a diversified group of related energy companies with operations across Nigeria’s upstream, midstream, downstream, and renewable energy value chains. These companies continue to pursue operational excellence, sustainable growth, and the creation of shared value for their stakeholders.