Geregu Power Appoints Siemens’ Sean Manley as Interim CEO

Geregu Power Plc

Geregu Power Plc has appointed Mr Sean Manley as its Interim Chief Executive Officer, effective February 2, 2026.

In a notice to the Nigerian Exchange Limited (NGX) and the investing public, the Board of Geregu Power Plc said the appointment is subject to the approval of the Nigerian Electricity Regulatory Commission (NERC) and the shareholders of the Company at the next general meeting.

Mr Manley spent a significant portion of his professional career at Siemens, where he managed large-scale energy projects and complex infrastructure.

The company said Mr Manley would bring his over three-decade professional experience in the power sector to add value to the company.

“Mr. Sean Manley is a seasoned power-sector professional with a proven track record in delivering complex energy projects in developing markets, bringing over 30 years’ experience spanning sales, business development, project implementation, supply-chain management, and OEM-led delivery within the power sector,” the company stated.

“Over the course of his career with Siemens, Mr. Manley has developed deep technical and operational expertise in thermal power generation, covering plant construction, commissioning, major overhauls, and long-term operational support.

“He is widely regarded as a practical problem-solver, with a demonstrated ability to close projects in challenging operating environments and brings extensive international experience and strong intercultural skills acquired across multi-jurisdictional engagements.”

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“His areas of expertise include the delivery of large, complex infrastructure projects, management of multi-million-dollar business units, client and stakeholder relationship management, business and market development, as well as logistics and procurement analysis critical to successful project execution.”

The Geregu Power Board said it is pleased to welcome Mr. Sean Manley and is confident that his wealth of experience and leadership will add significant value to the company.

Manley takes over following the resignation of the former CEO, Akin Akinfemiwa, who stepped down alongside Femi Otedola and several other directors during the ownership transition.

Pinnacle Daily reports that this leadership change follows a significant shift in the company’s ownership. In late December 2025, billionaire investor Femi Otedola divested his majority stake in the company in a deal valued at approximately $750 million. This transaction saw MA’AM Energy Limited acquire a 95 per cent equity interest in Amperion Power Distribution Company Limited, effectively taking control of 77 per cent of Geregu’s issued share capital.

Broader Leadership Changes

The appointment of an interim CEO is part of a wider board overhaul. Earlier, Geregu Power had announced the appointment of former Zamfara State government Senator Abdul-Aziz Abubakar Yari as the new Chairman of the Board, replacing Femi Otedola. The appointment became effective December 29, 2025.

Several new Independent Non-Executive Directors have joined the board to steer the company under its new controlling interest, MA’AM Energy Limited.

Victor Ezeja, a journalist, and scholar
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Victor Ezeja is a passionate journalist, scholar and analyst of socioeconomic issues in Nigeria and Africa. He is skilled in energy reporting, business and economy, and holds a master's degree in mass communication.

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