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Home Business News Appointments

Guinness Nigeria appoints Tariye Gbadegesin as non-executive director

Zainab Iwayemi by Zainab Iwayemi
July 29, 2022
in Appointments
Guinness Nigeria appoints Tariye Gbadegesin as non-executive director
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Tariye Gbadegesin has been appointed as a non-executive director of Guinness Nigeria Plc.

This was made known by Rotimi Odusola, company secretary/corporate relations director in a disclosure on ‘Appointment of Mrs. Tariye Gbadegesin as a non-executive director of Guinness Nigeria Plc’

The company believes that her appointment as the non-executive director of the company which becomes effective from 27th of July, will help to strengthen the leadership of the company.

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What the company is saying

It stated, “This is to inform the Nigerian exchange limited, the investing public and other stakeholders of the appointment of Mrs. Tariye Gbadegesin as a non-executive director of the board of Guinness Nigeria Plc with effect from the 27th of july 2022.

  • “Mrs. Gbadegesin is a professional with over 20 years’ experience in finance, principal investments, and infrastructure. She has mobilized over us$3 billion of capital for infrastructure projects across the African continent.
  • “Her global experience includes roles at the Africa finance corporation, the International Monetary Fund, the Boston Consulting Group, & Price Waterhouse Coopers. She holds a bachelor’s degree in economics from Amherst College, and an MBA from the Harvard business school.
  • “The board is optimistic that the leadership of the company would be further strengthened through mrs. Gbadegesin’s invaluable experience and contributions.”

What you should know

  • The company recently reported a massive increase in profit for the first half of 2021 by 1147% to N15.7 billion from N1.3 billion in the same period last year.
  • This revenue for the period also went up by 29% in H1 2022 to N206.8 billion from N160 billion in H1 2021 while the total equities was up by 21% to N89.98 billion from N74 billion.
  • The earning per share rose by 1154% from N57 during the first half of the year to N715 in the first half of last year.

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