Nigeria, May 22 -- Eterna Plc has announced a reshuffle of its leadership setup after appointing Jude Nwaulune as the Managing Director/Chief Executive Officer of the Company, effective from 14 May.

The company also announced the retirement of Phoebean Ifeadi as Executive Director, Corporate Services of the company.

The lubricants manufacturer disclosed the leadership change in separate statements posted on NGX and signed by its secretary, David Edet, on Friday.

The company's board approved Mr Nwaulune's appointment as Managing Director/Chief Executive Officer, and he is expected to resume operations on 14 May.

Mr Nwaulune succeeded Olumide Adeosun, who resigned as Managing Director/Chief Executive Officer on 13 May.

"Eterna PLC ("th...