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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.

[READ MORE: Agusto & Co appoints Yinka Adelekan as new CEO, as Vivien Shobo retires)

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.

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He comes with tremendous experience in all financial aspects from the ABInBev’s businesses in Latin America, East Africa and South Africa.

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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).

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