SRIMEX CEO QUITS -Company Says She Takes on New Role

MONROVIA – One of Liberia’s petroleum companies, Srimex Oil and Gas Company, announced yesterday its Chief Executive Officer of eight years has stepped down, indicating that she has taken on a new role.

In a press statement, Srimex said it was announcing “with great sadness and gratitude, that after eight years of service, CEO Wadei Powell will be stepping down from her position December 17, 2025, following which she will serve as an Organizational Development Consultant to Srimex.

The statement quoted her as saying that the last eight years working with Srimex provided her some of the most rewarding and challenging experiences in her professional career.

“It has been my utmost honor to serve and be a part of the growth of this organization,” she said according to the statement. “I am so very proud of the transformations we have brought to bear as a team. As I contemplate the next several years, I believe that it is time to hand the mantle over to a new leader who can take Srimex even further. I am stepping down as CEO, but I forever remain a part of the Srimex family.”

The Company’s Chairman, Musa Hassan Bility, reacting to the news of the resignation said: “The Srimex family extends heartfelt thanks to Ms. Powell for her invaluable service over the years. During her time as CE0, she led the organization through some of the most difficult times.”

He recalled that under her leadership, the company accomplished many impactful organizational and systems transformations all the while building a great team which will continue to thrive.

“We are extremely grateful to her for the energy, vision, and dedication to our organization. We wish Ms. Powell the very best as she ventures into other personal and professional aspirations,” Bility said further.

According to the statement, Ransford Moore, current Terminal Manager, has been promoted to General Manager.

Bility Posts on Powell’s Change of Post

As if his initial reaction to the resignation of the Srimex CEO was not enough, businessman-turned politician Bility rushed to his social media handle and released the following statement:

Today, with the press statement you see above, an important chapter in my life and in the life of Srimex quietly comes to an end.

After eight years of extraordinary service, Wadei Powell has stepped down as Chief Executive Officer of Srimex. The document carries the formal words, but for me it is deeply personal. It is not just the story of a CEO leaving a company. It is the story of a woman who walked into my life at the lowest point and helped rebuild everything that was broken.

When Wadei came to Srimex, my world was upside down.

The company I had built was in crisis. Partners were turning against me, people were trying to take away what I had worked for, and I was coming out of a brutal political season. I had known her before, when I was President of the Liberia Football Association and she was Vice President for Orange (then Cellcom), and later when we worked together in the Liberty Party. But this time was different. This time, I was not looking for a political ally. I was looking for someone who could help rescue my life’s work.

I sat her down and briefed her on the full extent of the problem. It was not a small problem; it was a storm. She listened quietly, and when I finished, she asked me for only two things: full authority and full cooperation. I agreed.

Eight years later, Wadei has delivered to me a company I will never forget. She took a broken institution and, through discipline, sacrifice and relentless work, rebuilt it piece by piece. She helped me reclaim my business, my dignity and my confidence. Because of her leadership, I can stand tall today and focus on national issues, knowing that Srimex did not die in my hands.

But our story is not only about business.

We worked together, fought together, argued, corrected each other and grew together. We became more than colleagues; we became family. Some people say I control her. Others say she controls me. The truth is simple: we trust each other deeply, and we have always pushed one another to be better. In moments when it felt like nobody believed in me, Wadei did. When people could not understand what I was trying to do, she did. That kind of loyalty cannot be bought or easily described.

Her decision to leave Srimex has been an emotional one for me. I love this woman for what she has done for my life, as a friend, a sister, a partner in struggle, and a fellow dreamer. But this is not the end of our journey together; it is only a change of role.

She has taken on a strategic role within the Citizens Movement for Change (CMC), and once again we are standing side by side, this time to help transform Liberia. We are also both students of the law now, challenging ourselves to see life differently, to deal with people differently and to prepare for the next phase of service to our country. We have corrected each other, adjusted together and moved like a twin engine, one vision, two different but complementary strengths.

So today, I want to say publicly what I have already said privately:

Thank you, Wadei.

Thank you for walking into my life when everything seemed to be falling apart.

Thank you for insisting on standards, systems and discipline when it would have been easier to give up.

Thank you for giving me the security I needed to do politics without constantly worrying about my livelihood.

Thank you for rebuilding Srimex so that I could focus on Liberia.

Thank you for believing in me when belief was not fashionable.

As you step away from the day to day management of Srimex and step more fully into this new chapter of our shared journey, know that I will never forget what you have done. We have just started another phase of our lives, as comrades in the struggle for change, as law students, as brother and sister, as soulmates in purpose.

May our care, respect and love for each other remain as strong as ever.

From the bottom of my heart: thank you, Wadei Powell.