NLNG deputy MD Sadeeq Mai-Bornu to hand over to Olalekan Ogunleye

NLNG deputy MD Sadeeq Mai-Bornu

The Nigeria LNG Limited (NLNG) has approved the appointment of Olalekan Ogunleye as successor to Sadeeq Mai-Bornu as deputy managing director of the company.

Mai-Bornu, appointed by the NLNG board in April 2016, will return to his parent company, Nigerian National Petroleum Company Limited (NNPC), at the expiration of his tenure.

Mr Ogunleye, who is concluding his tenure as managing director and chief executive officer of Gas Aggregation Company Nigeria Limited (GACN), will take over from Mai-Bornu on April 14, 2022.

During his tenure, Mai-Bornu contributed significantly to repositioning NLNG as a globally competitive LNG company and oversaw vital projects, including the Train 7 project, re-marketing of volumes for Trains 1-3, and the expansion of the company’s domestic LPG market initiative.

He also oversaw the implementation of the ongoing Bodo-Bonny Road project, one of NLNG’s biggest CSR initiatives, and the NLNG realigning to win (RtW) project, an organisational improvement initiative that has positioned NLNG as a more effective company.

Ogunleye, a lawyer, comes to NLNG with rich gas industry experience. At GACN, he oversees adequate gas supply to the domestic market and manages the interface between gas buyers and sellers. He was strategic to the Federal Government’s gas programmes, Decade of Gas and the Autogas initiatives.

Before his appointment at GACN, Ogunleye served as the general manager and chief executive officer of N-Gas Limited (N-Gas), a joint venture company between 2018 and 2019; and company secretary and legal adviser at Nigerian Gas Marketing Company (NGMC) Limited (2017-2019) and Nigerian Gas Company Limited (2014 – 2018), both subsidiaries of Nigerian National Petroleum Corporation (NNPC).