International Breweries Plc has announced the resignation of two of its directors – the Managing Director, Annabelle Degroot and the Finance Director, Zuber Momoniat. Their resignation will take effect from 31st December 2019.
Degroot is said to be moving into a new role in Europe within the AB InBev Group. The company announced these changes in a notification sent to the Nigerian Stock Exchange and signed by the Company Secretary/General Counsel, Muyiwa Ayojimi.
Also announced in the statement is the appointment of Hugo Dias Rocha and Bruno Sambrano Arana. While Rocha will be replacing Degroot as Managing Director, Arana will replace Momoniat as Finance Director.
Hugo Dias Rocha’s profile: Rocha joined AB InBev 24 years ago and has worked in different leadership roles within the Sales, Process Integration and Human Resources functions in various countries including Brazil, Dominican Republic, China, Colombia, Argentina and South Africa.
He holds a Masters in Business Administration (MBA) from the Sao Paulo Business School, Brazil and a Degree in Mechanical Engineering from the Federal University, Paraiso, Brazil.
Bruno Sambrano Arana’s profile: Arana holds a Masters in Business Administration (MBA) from Mccombs School of Business – Austin, Texas. Bachelor of Science in Economics from the University of Texas at Arlington – Arlington, Texas.
He comes with tremendous experience in all financial aspects from the ABInBev’s businesses in Latin America, East Africa and South Africa.
About the company: 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, and Voltic Water.
International Breweries Plc is a subsidiary of world largest brewer, AB InBev and was founded in 1971 and is based in Ilesa, Osun State. In 1995, the company was listed on the Nigerian Stock Exchange (NSE).
Airtel Nigeria announces appointment of Surendran as new Chief Executive Officer
Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new MD/CEO with effect from August 1, 2021.
Telecommunications giant, Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new Managing Director and Chief Executive Officer with effect from August 1, 2021.
Surendran would be replacing the outgoing Managing Director and Chief Executive of Airtel Nigeria, Olusegun Ogunsanya, who has been elevated to the position of Chief Executive Officer of Airtel Africa Plc with effect from October 1, 2021.
According to a report from the News Agency of Nigeria, this disclosure is contained in a statement issued by Airtel on Wednesday, May 5, 2021, in Lagos.
The statement says that Surendran would also be appointed to the Executive Committee (ExCo) as Regional Operating Director, reporting to the CEO of Airtel Africa plc, and onto the Board of Airtel Networks (Nigeria) Limited.
Airtel in its statement said, “Surendran has been with Bharti Airtel since 2003 and has contributed immensely in various roles across customer experience, sales and business operations.
He was the Chief Executive Officer of Karnataka, which is the largest circle in Airtel India, with over one billion dollars in revenue.
Surendran delivered an exceptional performance with significant movement in Revenue Market Share (RMS) over the last few years, currently at 54 percent. He has over 30 years of business experience, including 15 years at Xerox.’’
Airtel said that Surendran would transition into his new role from June 1, 2021, and spend the time onboarding into the business until July 31, 2021.
In case you missed it
It can be recalled that a few days ago, Airtel Africa Plc, a leading provider of telecommunications and mobile money services in Nigeria and 13 other countries, announced the appointment of Mr Olusegun Ogunsanya as the new Chief Executive Officer, following the notice of retirement given by the current Managing Director/Chief Executive Officer, Raghunath Mandava, to the Board.
In the notification sent by Airtel Africa to the Nigerian Exchange, Ogunsanya is expected to join the board of Airtel Africa with effect from October 1, 2021.
Guinness announces retirement of Chairman, appoints former Minister as replacement
Guinness Nigeria Plc has announced the appointment of Dr Omobola Johnson as the new Chairman of its board, with effect from July 1, 2021.
Guinness Nigeria Plc has announced the appointment of Dr. Omobola Johnson as the new Chairman of its board, with effect from July 1, 2021.
This follows the retirement of the current Chairman, Babatunde Savage, from the position, with effect from June 30, 2021.
The announcement is contained in a notice sent to the Nigerian Exchange Limited, investing public, and other stakeholders on May 4, 2021, and signed by the Company Secretary, Rotimi Odusola.
Johnson, who has over 30 years of experience from both the private and public sectors of the Nigerian economy, was a former Minister of Communications Technology and a former Country Managing Director in Accenture.
While commenting on her appointment, Johnson who has been serving on the board of Guinness, said, “Guinness Nigeria is an excellent company with tremendous value creation opportunities, and I believe the refreshed board and management team remain committed to maximizing shareholder value.”
In his letter addressing the board in compliance with the applicable corporate governance regulation, Savage expressed his pleasure at the opportunity to have been a part of the Guinness story over the last four decades.
He thanked the board of Guinness Nigeria and Diageo UK for the opportunity to have served in several capacities, first as an employee who held various strategic senior roles, then as an Executive Director, and later as Chairman of the board, a role that he held for almost 12 years.
He said, “After almost 40 amazing years, my journey with Guinness Nigeria is coming to an end. Guinness Nigeria is and will always be family to me.”
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