Petralon Energy appoints Sunmonu, Aig-Imoukhuede as chairman, non-ED

Petralon Energy has appointed Mutiu Sunmonu and Aigboje Aig-Imoukhuede as chairman and non-executive director, respectively, to the board of directors of the company.

Sunmonu is the former managing director of Shell Petroleum Development Company of Nigeria (SPDC) and country chairman of Shell Companies in Nigeria, with an oil and gas career spanning over 36 years in Nigeria, United Kingdom and the Netherlands.

He was the pioneer responsible for mobilising the private sector to set up the National Business Council for Sustainable Development (NBCSD) and currently serves on the board of various organisations across multiple sectors of the economy, including real estate, construction, oil and gas and education.

Aig-Imoukhuede is the founder and chairman of Coronation Capital, a private equity and propriety investment firm targeting the financial services, digital technology, upstream oil and gas and real estate sectors in sub-Saharan Africa, operating out of Mauritius.

He is president of the National Council of the Nigerian Stock Exchange and chairman of Wapic Insurance Group, an emerging West African underwriter. He also serves on the board of the Africa Finance Corporation. Aig-Imoukhuede has had a long and successful career in the banking industry at both Guaranty Trust Bank, where he rose to executive director, and Access Bank, where he led the Access Bank transformation team. His leadership witnessed the transformation of the institution into one of the largest banks in Nigeria.