The Board of Conoil Plc has approved the appointment of Mr. Ismail Salam as the Acting Executive Director Finance.

In a notice to the Nigerian Stock Exchange (NSE) on Wednesday, Conoil Plc explained that Mr. Ismail Salam is an accomplished professional with experience in diverse sectors of the economy.

The notice signed by Conrad Eberemu, Company Secretary/Legal Adviser read: “He is a graduate of Accountancy with an MBA in Financial Management and a Fellow of the Institute of Chartered Accountants.

“Mr. Salam brings with him over 30 years of strong and decisive leadership experience in Teaching, Manufacturing, Banking, Telecommunications and now Oil and Gas.

“This appointment is however, subject to the ratification and approval by the shareholders of the Company at the next Annual General Meeting”.