Axxela appoints new board members to deepen strategic oversight

Axxela Limited has announced the appointment of new non-executive board members to deepen strategic oversight and strengthen corporate governance in support of the company’s next phase of exponential growth.

The newly appointed members are Nzan Ogbe (Chairman of the Board), Eric Idiahi, Dolu Olugbenjo, Olufemi Okin, Moshood Olajide, Kaat Van Hecke and Jeremy Bending.

According to the statement by the company’s Manager, Corporate Communications & Branding, Omolara Shitu, their combined experience in business leadership, financial management, and infrastructure development would strengthen the company’s post-divestment governance framework and guide the company as it expands its gas infrastructure footprint and delivers sustainable energy solutions across industries and markets.

“Nzan Ogbe, Chairman of the board, is the founder and first CEO of Levene Energies and the chairman of LPV Energies. He is a serial entrepreneur with over 30 years of experience building businesses across sectors, including commercial trading, energy, real estate, and telecoms.

His leadership and commitment to sustainability have established him as one of Africa’s most resourceful business leaders.

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“Eric Idiahi is a seasoned entrepreneur and strategic investor with over 20 years of experience building and backing businesses that are shaping Africa’s future. He co-founded Evercorp Industries and previously served as a partner at Verod Capital Management. He has raised more than $1 billion for businesses across key sectors of the African economy.

“Dolu Olugbenjo is an Executive Director at Stanbic IBTC Asset Management and serves as Chief Investment Officer of the Stanbic IBTC Infrastructure Fund. He has over 20 years of experience, including leading debt advisory transactions for a wide range of clients, “ it read

Speaking on the board appointments, Ogbe, said: “It is a privilege to assume the role of chairman and to work alongside my fellow directors and the management team to provide strong governance, strategic oversight, and guidance as the company continues its growth journey.”

The new board members bring a wealth of experience across oil & gas, banking, consulting, asset management, and private equity, and are well-positioned to strengthen oversight and drive sustainable growth.

“As Axxela continues to expand its infrastructure investments and deepen its role in advancing cleaner, more reliable energy solutions, the expertise and perspective of the new board members will be key to shaping the company’s strategic direction,” the statement read.