Matrix Energy appoints Patrick Umunna as deputy MD

Matrix Energy Group has appointed Patrick C. Umunna as its new group deputy managing director in a significant strategic appointment set to shape its future growth.

The move, effective November 3, 2025, signals the company’s intensified focus on strengthening its leadership bench to navigate the evolving energy landscape.

In a statement released by Ibrahim Akinola, the company’s spokesperson, Matrix disclosed that the appointment positions Umunna as a key deputy to the group chief executive officer, tasking him with a critical mandate: to drive strategic execution, operational excellence, and sustainable innovation across the group’s vast portfolio.

“Umunna brings over 27 years of distinguished experience in banking, corporate management, and the oil & gas, energy, and financial services sectors. He has held senior leadership roles at Premium Trust Bank and Polaris Bank Limited, where he managed large business portfolios and delivered consistent growth,” the statement reads in part.

“In his new role, Mr. Umunna will work closely with the Group Chief Executive Officer to drive strategic execution, operational excellence, and sustainable innovation across all units of Matrix Energy. His mandate includes ensuring continued growth, profitability, and leadership in key sectors of the company.

“The Group warmly welcomes Mr. Umunna to the Matrix family and looks forward to his leadership in advancing the company’s mission of being a preferred energy partner for success.”

Matrix Energy Group is one of Nigeria’s leading integrated energy companies with diversified interests in petroleum products trading, oil and gas downstream operations, shipping, storage, and logistics.