Breaking News: Chairman Of Nigerian Breweries Resigns; Company Announces Successor

Nigerian Breweries Plc has undergone a significant change in its board of directors, marked by the resignation of Chairman Asue Ighodalo. The announcement, made by the company’s secretary, Uaboi Agbebaku, through a notification to the Nigerian Exchange Ltd on Friday in Lagos, revealed that Ighodalo would be stepping down from the board and his role as chairman on December 31, 2023, citing his decision to offer himself for public service…..CONTINUE READING

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In his statement, Ighodalo expressed mixed emotions, describing his resignation as a painful sacrifice to fully commit to his new public service role. He expressed pride in being part of the formidable organization, well-equipped to navigate Nigeria’s evolving business landscape.

Following Ighodalo’s departure, Sijbe Hiemstra, the longest-serving director, will assume the role of chairman on an interim basis, effective January 1, 2024. Hiemstra will oversee the board’s affairs during the transition period and lead the process of appointing a substantive chairman.

Additionally, the company announced the completion of Ndidi Nwuneli’s tenure as an independent non-executive director. To fill the vacancy, Stella Ojekwe-Onyejeli has been appointed as a Non-Executive Director, effective January 1, 2023. Ojekwe-Onyejeli brings a wealth of knowledge and experience as a risk manager in the financial services industry, with a track record in enterprise risk management, business planning, internal audit, and analytical skills. She currently serves on the boards of Coronation Insurance Plc and Rand Merchant Bank, among others.

Source: Bushradiogist