Dr. Ugo Okafor
Chief Executive
SunTrust Atlantic Energies Limited
Chief Executive Profile
Dr. Ugo Okafor is an astute business executive and seasoned professional with over 20 years of experience in management, business strategy, and the oil and gas industry. As the Chief Executive of SunTrust Atlantic Energies Limited, he has played a pivotal role in shaping the company's growth, reputation, and strategic direction across Nigeria's upstream oil and gas sector.
Through his deep industry knowledge, strategic foresight, and commitment to excellence, he continues to steer SunTrust Atlantic toward sustainable growth and long-term impact in the Nigerian energy sector. His leadership philosophy centers on value creation, operational excellence, and strategic positioning within Nigeria's evolving energy landscape.
Education & Credentials
He is an alumnus of both the MIT Sloan School of Management, where he completed the prestigious Advanced Management Program, and Harvard Business School. He earned his Juris Doctor (JD) from Vanderbilt University School of Law, where he distinguished himself academically, earning a place on the Dean's List and receiving the Vanderbilt Award for Scholastic Excellence.
Leadership & Strategic Involvement
Since SunTrust Atlantic's inception, he has been at the forefront of the company's strategic involvement in the Umusadege Field (PML 22). Through his active participation on the operating and management committees of the Umusadege Joint Venture, he continues to guide the company's engagement across the entire production value chain, ensuring value creation and operational excellence.
In 2020, under his leadership, SunTrust Atlantic was awarded a 35.82% participating interest in PPL 202 (formerly OML 23) during the marginal field bid round. He served as the inaugural Chairman of the Operating Committee of the PPL 202 Joint Venture and was the immediate past Chairman of the Board of Ingentia Energies Limited, operator of the Egbolom Field. His leadership has been instrumental in achieving first oil and initiating full field development at Egbolom.
Board Positions
He also serves on the boards of several industry-relevant companies, including:
- Umugini Pipeline Infrastructure Limited – owner and operator of a 52km crude oil pipeline from Kwale to Eriemu
- Midsun GGF Limited – a crude oil gathering and processing facility company
- Ingentia Energies Limited – operator of the Egbolom Field (PPL 202)