Seplat Energy bags CIPS Procurement Excellence Certificate

By emmanuel MALAGU

L-R: COO, Seplat Energy Plc, Samson Ezugworie, GCEO, CIPS, Ben Farrell, GM, SCM, Seplat Energy, Valentine Agwu

The Chartered Institute of Procurement and Supply (CIPS) has awarded the Procurement Excellence Standard Certificate to Seplat Energy Plc.

Ben Farrell, Global Chief Executive Officer of CIPS, presented the Certificate at Seplat Energy’s office in Ikoyi, Lagos.

Farrell was joined by a CIPS Delegation and received by Seplat Energy’s Chief Operating Officer, Samson Ezugworie, and GM, Supply Chain Management, Valentine Agwu.

Seplat Energy’s Application for Assessment against CIPS Standards began in February 2023.

CIPS-approved Assessors reviewed Seplat Energy’s Policies, Procedures, and Operations against Multiple Professional Criteria during the Assessment.

The Evaluation was based on 98 Elements across five Categories that benchmark Supply Chain Management Organisations.

The Final Assessment was conducted on Monday, January 21, by a CIPS Advantage Procurement Excellence Programme Independent Verifier.

Farrell said the Award is given only to Organisations committed to continuous improvement and excellence in Procurement.

“These Certificates are not handed out lightly. They are serious, meaningful Recognition of Ambition and High Standards.

“It is rigorous and demands hard work. Success shows real Capability and Professionalism in Supply Chain Operations,” said Farrell.

He congratulated the Seplat Team for their dedication and strong Performance throughout the Process.

COO Samson Ezugworie, on behalf of Seplat Energy, thanked the CIPS Team for their support and guidance during the Process.

He praised the Institute for the depth and diligence shown throughout the thorough Review.

Ezugworie said Seplat Energy deliberately chose this path because Supply Chain is critical to the Company’s Operations.

“Our Spending Channel must be built on a Strong, Transparent Foundation,” he added.

He commended the SCM Team, led by Valentine Agwu, for representing the Company with excellence.

Ezugworie also encouraged the Team to pursue the Platinum Category, focusing on Sustainability and Long-Term improvement.

Agwu recalled that Seplat Energy launched a Transformation Agenda in 2021, initially focused on People, Processes and Systems.

Eventually, the Company adopted the CIPS Procurement Excellence Programme Model to guide its progress.

“Our Assessment spanned two years across five dimensions, including Strategy, Performance, and Leadership.

“We passed with flying colours, which is why we’re celebrating today,” Agwu said.

Seplat Energy’s SCM Function has now been certified by CIPS UK as meeting Globally Recognised Procurement Standards.

The Certificate confirms Seplat’s robust Governance, Compliance, and Supply Assurance Processes.

Credit NAN: Texts excluding Headline