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NLNG: Olalekan Ogunleye to take over from Mai-Bornu as deputy MD



Olalekan Ogunleye

Olalekan Ogunleye

Olalekan Ogunleye’s appointment as a successor to Sadeeq Mai-Bornu as deputy managing director has been approved by the Nigeria LNG Limited (NLNG).

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

Ogunleye will officially take over on April 14, 2022 after completing his tenure as managing director and chief executive officer of Gas Aggregation Company Nigeria Limited (GACN).

During Mai-Bornu’s tenure, he 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.

Prior 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).

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