Chairman
Mr. Ahonsi Unuigbe
Mr. Ahonsi Unuigbe is the Founder and Chief Executive Officer of Petralon Energy Limited, an indigenous Upstream Oil and Gas Company, with multilateral partnerships and investments in Europe, Middle East and Africa (EMEA). His leadership and entrepreneurial ingenuity are validated by the rapid growth of Petralon Energy Limited into a major Industry player since its establishment in 2014 as an African Exploration & Production company set up to acquire, develop, and operate assets, primarily in the Nigerian oil and gas sector.
Over the past twenty years, Mr. Unuigbe has established himself as a business leader and seasoned professional, whose experience spans across sectors such as banking, finance, energy, telecoms, manufacturing and the public sector. He began his career as an investment banker, working with banks such as Citibank in the UK and Nigeria and later Standard bank / Stanbic IBTC, with stints in the public sector, during which time he successfully executed complex project finance transactions, thereby helping to raise over $2bn as capital for private and public sector projects in Nigeria, notable amongst which were the $150 million concessional World Bank funding for Edo state during his tenure as pioneer Commissioner for Budget, Planning, and Economic Development.
Mr. Unuigbe who joined NGX’s board as an Independent Non-Executive Director in April 2021, has also served as a founding executive at First Hydrocarbon Nigeria, as Chief Finance Officer and Executive Director, where he raised over $450m in debt and equity finance within 3 years and instituted best-in-class risk management frameworks and financial management processes respectively.
A Lifetime member of the Institute of Directors (IoD), Mr. Unuigbe holds a B.A degree in Economics from the University of Sussex, UK, and an MSc in International Securities and Investment Banking from the ISMA Centre, University of Reading, UK, and is also a recipient of the prestigious Archbishop Desmond Tutu Leadership Fellowship Award.
