MRS Oil Discloses Agutu’s Resignation, Appoints Samson Adejonwo as CFO

MRS Oil Nigeria Plc on Monday announced the appointment of Mr. Samson Adejonwo as the new Chief Finance Officer (CFO) of the company.

In a statement signed by Mrs. O.M. Jafojo, Company Secretary, the company said Mr. Adejonwo will replace Mr. Charles Agutu as the CFO of the company.

Mr. Charles Agutu, the former CFO of the company has resigned from his position effective immediately, according to the statement released by MRS.

The Board of Management, MRS, commends Agutu’s financial sagacity and contribution to the company as a whole.

The statement reads “The Board of Directors of MRS Oil Nigeria Plc (The Company) hereby informs The Nigerian Stock Exchange (The Exchange) and the investing Public of the appointment of Mr. Samson Adejonwo as the new Chief Finance Officer (CFO) of the Company.

“He replaces Mr. Charles Agutu as the Chief Finance Officer (CFO). The Board and Management of the Company commends Mr. Charles Agutu’s financial proficiency, which influenced the growth of the Company during his tenure. His resignation is effective immediately.”

Mr. Samson Adejonwo holds an MBA degree from Lagos State University and also he is an Associate Member of the Institute of Chartered Accountant of Nigeria. Prior to becoming the CFO, he was the Finance Manager of MRS Oil and Gas Company Limited.

He held various positions in organizations, such as Summit Finance Company, ALM Consulting Limited before joining MRS Holdings Limited.

Mr. Samson Adejonwo resumed as the company’s CFO on Monday, August 17, 2020.