Nigerian Breweries Plc has announced a restructuring of its board of directors, marked by the resignation of Chairman Mr. Asue Ighodalo.
The company’s secretary, Mr. Uaboi Agbebaku, conveyed this information to the Nigerian Exchange Ltd on Friday in Lagos.
Agbebaku revealed that Ighodalo, citing a commitment to public service, tendered his resignation effective December 31, 2023, adhering to corporate governance standards.
Ighodalo expressed mixed emotions, characterizing his decision as a painful sacrifice to fully dedicate himself to this new endeavor.
In his words, “It is with heartfelt regret that I announce my resignation as the Chairman of the Board of Nigerian Breweries Plc effective Dec. 31, 2023.
After extensive deliberations, I have decided to offer myself for public service to our dear country.
It is my pride to have been part of such a formidable organization well-positioned to meet the opportunities and challenges in Nigeria’s ever-changing business environment.”
Furthermore, Agbebaku disclosed the appointment of Sijbe Hiemstra, the longest-serving director, as the interim chairman from January 1, 2024, until the selection of a permanent chairman.
He also announced the conclusion of Ndidi Nwuneli’s tenure as an independent non-executive director and the appointment of Stella Ojekwe-Onyejeli as a Non-Executive Director, effective January 1, 2023.
Ojekwe-Onyejeli brings a wealth of knowledge and experience in risk management, having served on the boards of Coronation Insurance Plc and Rand Merchant Bank, among others.
