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Industry News

PANA Holdings Announces New Executive Appointments

Joshua Stephen
Last updated: March 6, 2026 7:44 am
Joshua Stephen
November 3, 2025
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PANA Holdings has made a series of appointments to strengthen its leadership team.

In a statement made available to the Press, the Chairman of PANA Holdings, Dr. Daere Akobo, revealed that the company had approved the appointments of Daisy Maduagwu as Executive Director, Global Business Services; Adetoke George-Toyon as Group Chief Operating Officer; and Chukwuemeka Igilar as Vice President, PE Energy.

The appointments take immediate effect.

According to the group, Maduagwu started her career at PE Energy, a subsidiary of PANA Holdings, in 2010 as an Inside Sales Specialist, rose through the ranks to Strategic Sourcing Lead, Deputy Managing Director, and later Vice President.

“With over 15 years of C-suite experience in driving business excellence, operational transformation, and enterprise-wide performance, she has shown exceptional leadership by scaling organisational capabilities, professionalising operations, and strengthening market leadership through process maturity and governance excellence in core areas such as strategic sourcing, general procurement, contracting, and complex negotiations that deliver measurable value creation,” said the company.

George-Toyon brings over 15 years of executive-level experience to her new role as Group Chief Operating Officer.

“She has consistently delivered transformational outcomes, unlocking value through innovative deal structuring, asset monetisation, joint venture governance, and portfolio optimisation. As the Group Chief Operating Officer, she brings a unique blend of commercial acumen, operational excellence, and people-centred leadership to drive innovation, growth, and long-term value creation across the group’s diverse portfolio,” the firm stated.

As Vice President, PE Energy, Igilar is expected to provide strategic and operational leadership, driving innovation, collaboration, and business growth across teams.

“With over 13 years of experience in the oil and gas industry, his leadership philosophy is rooted in excellence, sustainable performance, and empowering others to achieve their full potential. “Igilar joined the company as a Technical Sales Engineer in 2012 and has grown to his current position through progressive roles. As a Technical Sales Engineer, he developed deep expertise in understanding complex engineering systems and aligning them with client requirements,” the company said about Igilar.

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