International Breweries Plc appoints new Director

International Breweries Plc has appointed Richard Rivett-Carnac as a Non-Executive
Director. Rivett-Carnac replaces Phillip Redman who recently resigned his appointment as a Non-Executive Director of the company.

Rivett-Carnac’s appointment was disclosed by International Breweries in a notification to the Nigerian Stock Exchange (NSE).

Richard Rivett-Carnac’s profile

Richard Rivett-Carnac serves as Internal Trustee at The Sab Foundation Trust. Richard is the SAB Mergers and Acquisitions Director.

Previously, Rivett-Carnac was the General Manager of the SAB Thrive Fund at the South African Breweries (Pty) Ltd (“SAB”). The SAB Thrive Fund is a black private equity fund that has been set up and funded by SAB in partnership with the Awethu Project to transform SAB’s supplier base through acquisition, business development and fostering entrepreneurship.

Before being appointed to run the SAB Thrive Fund, Rivett-Carnac’s roles within SAB included being District Manager of Johannesburg Central, Executive Assistant to the former Managing Director, and was a member of the SABMiller Plc Corporate Finance and Development team based in the United Kingdom focusing on mergers and acquisitions for the SABMiller Plc Group.

Prior to joining SABMiller Plc in London in 2009, Rivett-Carnac qualified as a Chartered Accountant (SA) in Johannesburg with KPMG and then worked in London for many years in Investment Banking.

Rivett-Carnac holds a Bachelor of Business Science degree from the University of Cape Town and a Bachelor of Commerce Honours (Accounting) from the University of Natal Durban.

About International Breweries

International Breweries Plc engages in brewing, packaging, and marketing of beer, alcoholic flavoured/non-alcoholic beverages, and soft drinks in Nigeria.

The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water.

International Breweries was founded in 1971 and is based in Ilesa, Osun State. International Breweries Plc is a subsidiary of Brauhaase International Management GMBH.