Board of Directors

The Board of SunTrust Atlantic is made up of seasoned professionals and business experts who have a profound understanding of the dynamics of the local and international oil and gas industry

Ugo Okafor

PRESIDENT/CHIEF EXECUTIVE OFFICER

Ugo is an astute professional and business executive with experience spanning over 20 years in management, business strategy and the oil and gas industry.

Read more

Oghenetega Emerhor

DIRECTOR

O’Tega is a Director at SunTrust Atlantic. He attended the University of Nigeria, Nsukka where he graduated with first-class honours in Accountancy.

Read more

Zainab Aminu Dantata

Director

Zainab is a director on the Board of SunTrust Atlantic.

Zainab has business interests in real estate development and enjoys reading and traveling. She is also actively involved in charity work and community development and is on the board of a number of charity organizations.

Zainab is a member of the board of directors of International Procurement Services Nigeria Limited.

Read more

Rachel Akhuetie (FCA)

Executive Director: Finance, Commercial and Services

Rachel is a highly driven multi-skilled professional with over 20 years of extensive experience in Accounting & Finance, Oil & Gas Commercial, Human Resource Management and Organizational Strategy.

Read more

Hilary Okonye

CHIEF OPERATING OFFICER

Hilary is a Director at SunTrust Atlantic. He graduated from the University of Benin, Benin City, where he obtained a B.Eng. in Production Engineering with a second class honours (Upper division). He has over 13 years of experience in drilling, workover operation and other industry related jobs.

Read more

UGO OKAFOR

PRESIDENT/CHIEF EXECUTIVE OFFICER

Ugo is an astute professional and business executive with experience spanning over 20 years in management, business strategy and the oil and gas industry.

He holds a Bachelor of Laws (LLB) degree from the University of Nigeria, Nsukka and a Barrister at Law (BL) from the Nigerian Law School. Ugo attended the Vanderbilt University School of Law, USA where he obtained a Juris Doctorate (JD) and was on the Dean’s list of the University. He also obtained a Certificate in Financial Modelling and Petroleum Project Economics at the International Human Resources Development Corporation, Boston, USA.

As Chief Executive Officer at SunTrust Atlantic Energies Limited ("SunTrust Atlantic"), Ugo plays an active role in the development and operations of the Umusadege field in which SunTrust Atlantic holds 30% interest. His engagement with the joint venture (JV) operator includes the provision of strategic advice through the operations and management committees of the JV and direct involvement in the entire production value chain of the Umusadege field.

Under Ugo’s leadership, SunTrust Atlantic signed a production sharing contract with the Government of the Republic of Niger covering the award of the Tounfalis block to SunTrust Atlantic. The PSC covers the research, exploitation and pipeline transportation of crude oil and natural gas in the Republic of Niger. Under this project, SunTrust Atlantic has commenced plans for the acquisition, interpretation and processing of additional seismic data as part of the minimum work programme requirement. This will be followed by the planned first exploration which will take place in due course.

Ugo has previously worked with the United Nations Population Fund (UNFPA), Foundation Trust Lagos. Prior to assuming the presidency of SunTrust Atlantic, Ugo was country Director of GWI Ventures Nigeria Limited. Ugo is also a graduate of Harvard Business School.

OGHENETEGA EMERHOR

DIRECTOR

O’Tega is a Director at SunTrust Atlantic Energies Limited.

He attended the University of Nigeria, Nsukka where he graduated with first class honours in Accountancy. He is a Chartered Accountant and an alumnus of the Institute of Management Development (IMD) Lausanne, Switzerland as well as the Lagos Business School, Nigeria.

O’Tega is a member of the African Business Leadership Forum, a Fellow of the Institute of Credit and Risk Management of Nigeria, a Fellow of the Academy for Entrepreneurial Studies and Member of the Institute of Marketing Consultants, among others. He is a recipient of the Nigerian National Honour, Officer of the Order of the Niger (OON), and a holder of the Dr. Kwame Nkrumah Leadership Award. He is also a United Nations-POLAC Ambassador of Peace (2013) and an Honorary Citizen of the state of Georgia, USA (2015).

Zainab Aminu Dantata

DIRECTOR

Zainab is a director on the Board of SunTrust Atlantic Energies Limited.

Zainab is a member of the board of directors of International Procurement Services Nigeria Limited.

email: info@suntrustatlantic.com

RACHEL AKHUETIE (FCA)

Executive Director, Finance, Commercial and Services

Rachel is a highly driven multi-skilled professional with over 20 years of extensive experience in Accounting & Finance, Oil & Gas Commercial, Human Resource Management and Organizational Strategy. She has had her working career with UBA Capital & Trust; an Asset Management Company, Century Media Ltd and GoodWorks International LLC before joining SunTrust Atlantic Energies Limited where she currently serves as the General Manager, Finance & Business Development.

Rachel has worked in the oil & gas industry for over 17 years, functioning in various capacities and roles ranging from an Accounts Associate, Finance Manager, Head of Finance & Service, through several positions to a General Manager Finance & Business Strategy. In addition to her commercial, financial, business development & risk management role, she plays a major role in the organizational management and works directly with the Chief Executive Officer to provide strategic direction for SunTrust Atlantic Energies Limited.

Rachel is a graduate of Accounting with an MBA in International Business Management. She is a Chartered Accountant and a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN). Rachel graduated from Harvard Business School, Boston USA (HBS), having completed the HBS Advance Management Program. She is also an Alumnus of Stanford Graduate School of Business, California USA, where she obtained a certificate on Executive Program for Growing Companies. She is a Certified International Financial Reporting Standards Specialist (CIFRSS) and a Certified Risk & Compliance Management Professional (CRCMP) obtained from IARCP, USA. She is also an Alumnus of the International Human Resources Development Corporation (IHRDC), Boston, USA where she obtained a certificate in Financial Modeling and Petroleum Project Economics.

Her current role at SunTrust Atlantic includes the management of the Finance and Commercial departments. Rachel works proactively with the SunTrust Atlantic JV Partner to review cost of production and implement strategies to produce crude at most possible minimum cost; improve project management process and budgetary controls to avoid cost overrun; develop a clearly defined and ring-fenced cost structure for projects/subsidiaries/assets. Rachel manages SunTrust Atlantic’s financial portfolio, liaises with banks and other financial institutions to structure and restructure loan facilities/portfolio to ease interest and principal repayment and improve cash flow. She is also responsible for corporate tax management and implementation of an effective tax management strategy by ensuring tax efficiency of all transaction vehicles, prompt filing of tax returns (PPT, CITA) and ensures total compliance with all tax regulations. She ensures timely implementation of action plans from various audits and reviews and fosters a risk and controls conscious business environment.

HILARY OKONYE

DIRECTOR

Hilary is a Director at SunTrust Atlantic Energies Limited ("SunTrust Atlantic"). He graduated from the University of Benin, Benin City, where he obtained a B.Eng. in Production Engineering with a second class honours (Upper division).

He has over 13 years of experience in drilling, workover operation and other industry related jobs. He started his career in Addax Petroleum Development Nigeria Limited (APDL) as a Wellsite Drilling Engineer before joining SunTrust Atlantic as a Well Engineer and within ten years grew to the position of Unit Head, Wells department.

In this current position, he manages the portfolio of projects; ranging from drilling of Exploratory/Appraisal/Development wells to reactivation of existing wells through workover and intervention programmes. He manages the Umusadege field Wells team in their various functions which includes well planning, scope development, readiness preparation and execution of drilling and well services operation in the field. This also includes workover program and the preparation for an extensive well decommissioning (P&A) project scope. Hilary is responsible for building in-house drilling and completion capabilities and processes (well delivery process, workover operation process and well intervention process).

He is also responsible for cost performance, safety and operational excellence during drilling, completion, workover and well intervention activities. He is involved in several multi-disciplinary efforts such as putting together the Umusadege field development plan.

email: info@suntrustatlantic.com

Board of Directors

Ugo Okafor

Oghenetega Emerhor

Zainab Aminu Dantata

Rachel Akhuetie (FCA)

Hilary Okonye

Email

Telephone

UGO OKAFOR

PRESIDENT/CHIEF EXECUTIVE OFFICER

OGHENETEGA EMERHOR

DIRECTOR

Zainab Aminu Dantata

DIRECTOR

RACHEL AKHUETIE (FCA)

Executive Director, Finance, Commercial and Services

HILARY OKONYE

DIRECTOR