Axxela Appoints Moshood Olajide New CEO as Ononiwu Retires

Naijaonpoint_ng | 30-05-2026 03:18pm |

Axxela Limited has announced the appointment of Mr. Moshood Olajide as the new Chief Executive Officer, succeeding Mr. Timothy Ononiwu, who has retired after reaching the official retirement age. Mr. Ononiwu served in various senior leadership positions within the company for nearly a decade, including his roles as Chief Financial Officer and Group Chief Executive Officer. The transition in leadership marks a significant change for Axxela as it continues to navigate the energy sector. The company has expressed gratitude for Mr. Ononiwu's contributions during his tenure.

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