KEY POINTS
- Conoil confirmed the resignation of company secretary David Lanre-Leke effective September 8, 2025.
- Bolaji Owolabi has been appointed acting company secretary pending selection of a substantive replacement.
- The appointee brings over 20 years of corporate legal experience spanning law practice and telecommunications.
Conoil Plc has formally announced the resignation of its company secretary, David Lanre-Leke, who stepped down from the role effective September 8, 2025, according to an official notice issued to shareholders, regulators, and the investing public, with Bolaji Owolabi taking over.
The company disclosed that the departure was communicated in a statement dated November 13, 2025, and the board expressed appreciation for his service and contributions during his tenure overseeing corporate governance and compliance responsibilities.
Following the resignation, the board approved the appointment of Bolaji Owolabi as acting company secretary with effect from November 12, 2025, noting that the position is temporary until a substantive office holder is selected.
The notification was also submitted to Nigerian Exchange Limited as part of disclosure requirements for publicly listed companies, underscoring the firm’s adherence to transparency and corporate reporting standards.
Professional background highlights legal and corporate experience
Owolabi was called to the Nigerian Bar in 1999 and holds a law degree from Lagos State University as well as a master’s degree from University of Lagos, in addition to being an associate member of the Chartered Institute of Arbitrators.
His legal career includes early practice at private law firms before transitioning into corporate work, notably with Globacom Limited, where he accumulated more than two decades of experience handling commercial legal drafting, regulatory compliance, and corporate advisory functions within the telecommunications sector.
The announcement, endorsed by Ismail Salam on behalf of the board, emphasized that the transition reflects the company’s commitment to maintaining strong corporate governance structures and ensuring continuity in its secretariat operations while the search for a permanent appointee progresses.
