The Board of Directors of Eterna PLC has announced the appointment of Dr. Jude Nwaulune as the Managing Director and Chief Executive Officer of the Company, effective May 14, 2026. Dr. Nwaulune succeeds Olumide Adeosun, who resigned his appointment as Managing Director and Chief Executive Officer with effect from May 13, 2026.
According to a statement, the company’s Board expressed its appreciation to Adeosun for his leadership, contributions, and service to the Company during his tenure and wishes him success in his future endeavours. Dr. Nwaulune is a seasoned business executive with over two decades of experience across sales, marketing, business development, logistics, and operations management within Nigeria’s downstream energy sector.
He is widely recognised for his strong commercial acumen, strategic leadership, and extensive expertise in petroleum retail expansion, LPG market development, bulk storage operations, and nationwide distribution management. READ ALSO: REA, Partners Sign MOUs On Deepening Nigeria’s Clean Energy Transition Over the course of his career, he has successfully led several growth and transformation initiatives focused on operational efficiency, market expansion, supply chain optimisation, and business performance improvement across multiple segments of the energy industry.
Prior to this appointment, Dr. Nwaulune served as the Managing Director of Rainoil Logistics Services Limited. Commenting on the appointment, the Chairman of Eterna Plc, Mr. Gabriel Ogbechie, OON. stated: “We are pleased to welcome Dr. Jude Nwaulune as the Managing Director/Chief Executive Officer of Eterna Plc.
Nwaulune holds a Bachelor’s degree in Business Administration from Ambrose Alli University, Ekpoma, a Postgraduate Diploma in Journalism from the Nigerian Institute of Journalism (NIJ), as well as an MSc in Marketing Communications and a PhD in Strategic Marketing Management from Babcock University.