The Board of Guinness Nigeria Plc has announced the resignation of Mr Bismarck Jemide Rewane as a Non-Executive Director of the Company.
This announcement was made in a notification issued by the Company Secretary, Mr. Rotimi Odusola.
READ: Bismarck Rewane, NESG raise concern over Nigeria’s debt
READ ALSO: Guinness Nigeria finding it hard to refinance its loans due to dollar scarcity
According to Mr Odusola, the resignation of Mr Rewane as a Non-Executive Director on the Board of Guinness Nigeria Plc became effective on 31st December 2020.
Mr. Rewane was appointed to the Board of Guinness Nigeria Plc as a Non-Executive Director in 2008. Until his resignation, he served as the Chairman of the Finance, Audit and Risk Committee of the Board.
READ: Covid-19: Guinness Nigeria warns investors its results will be bad
READ: Nigeria is in a weak financial position to absorb recession shocks —Bismark Rewane
However, it is important to note that as of 30th June 2020, he owns 36,384 ordinary shares of Guinness Nigeria Plc, worth N691,296.
The Board of Guinness Nigeria extended its appreciation to the outgoing Director, for his leadership, focus and commitment to the success of the Company and wishes him the best in his future endeavours.
READ: Guinness Nigeria Plc jostles to improve from its insipid 2020 financial year
About Mr Bismarck Rewane
- Bismarck Rewane was also with the First National Bank of Chicago, Barclays Bank of Nigeria and Barclays Bank International Plc, United Kingdom. An Associate of the Institute of Bankers, England and Wales.
- Mr. Rewane has served on the Board of several organisations, including Navgas (a Vitol Group subsidiary); NLNG Prize Award Foundation; UNIC Insurance Plc, Nigeria; Economic Summit Group; UBA Custodian Limited; Virgin Nigeria Airways Limited; Fidelity Bank Plc; First City Monument Bank Plc; and Top Feeds Nigeria Limited.
