MRS Oil Nigeria Plc Appoints Charles Owiti Agutu As CFO; Kamil Olatumbi Bello Resigns


The Board of Directors of MRS Oil Nigeria Plc (The Company) hereby inform The Nigerian Stock Exchange (The Exchange) and the investing public of the appointment of Mr. Charles Owiti Agutu as the new Chief Finance Officer (CFO). He replaces Mr. Kamil Olatumbi Bello as the Chief Finance Officer (CFO).

Mr. Kamil O. Bello’s resignation is effective January 31, 2020. The Board and Management of the Company commend his financial expertise and contributions to the growth of the Company during his tenure.

Mr. Charles Agutu holds a degree in Bachelor of Commerce (Accounting Option) from the University of Nairobi, Kenya. He is also a Certified Public Accountant of Kenya. He has over three (3) decades experience in Accounting and Finance in high-level positions in reputable organizations, including Group Finance Director at Wilken Group, East Africa, Finance Manager at Celtel Kenya Ltd, Financial Analysis & Accounting Manager at Mobil Oil Kenya Ltd, amongst others.

Until his appointment as the Chief Finance Officer (CFO), he was the Group Head of Finance and Accounts of MRS Holdings Limited.

Mr. Charles O. Agutu’s appointment is effective January 31, 2020.