The contract of the Seychelles Petroleum Company’s (SEYPEC) chief executive, Sarah Romain, will not be renewed, the government has confirmed.
In a statement issued following a meeting on Thursday between the Minister of Finance and Mrs Romain, the Ministry said her contract, which was due to expire at the end of January 2026, would not be renewed. It added that both parties had mutually agreed that Mrs Romain would conclude her tenure earlier, with her last day of service set for 19 December 2025.
The Ministry thanked Mrs Romain for her service and contribution to SEYPEC during her time as chief executive. It also said the SEYPEC Board would meet on Friday to consider and appoint a new chief executive officer to ensure continuity of leadership and the smooth operation of the company.
Earlier, Mrs Romain told journalists that she was informed of the decision during a meeting with the Minister for Finance, Economic Planning, Trade and Investment, Pierre Laporte. She alleged that she was told the decision was not linked to her performance, but rather to her political affiliation.
Mrs Romain is the younger sister of Ahmed Afif, the former vice-president of Seychelles, and the wife of George Romain, an elected opposition member of the National Assembly.
Mrs Romain was appointed SEYPEC’s first female chief executive in 2023. She joined the company in 2010 and has more than 27 years’ experience in public and private sector roles.