The Board of Directors of Eterna Plc has announced the appointment of Dr Jude Nwaulune as its new chief executive officer.

According to a statement, Nwaulune’s appointment became effective on May 14, 2026.

Nwaulune succeeds Olumide Adeosun, who resigned his appointment as CEO effective May 13, 2026.

The board expressed its appreciation to Adeosun for his leadership, contributions and service to the company during his tenure and wished him success in his future endeavours.

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.

He had 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.

Before the appointment, Nwaulune served as the Managing Director of Rainoil Logistics Services Limited.

Nwaulune holds a bachelor’s degree in business administration from Ambrose Alli University, a postgraduate diploma in journalism from the Nigerian Institute of Journalism (NIJ), an MSc in marketing communications and a PhD in strategic marketing management from Babcock University.