Nigerian Breweries Plc, yesterday announced that its Chairman, Chief Kolawole B. Jamodu, will retire from the Board after 17 years of meritorious service to the organisation. He will be replaced as Chairman of the Board by corporate lawyer and seasoned boardroom guru, Asue Ighodalo with effect from April 30, 2023,
Jamodu joined the Board on March 1st, 2006, and became Chairman on January 1st, 2008.
During his tenure, he played a significant role in the Company’s growth and transformation, that included various acquisitions and mergers between 2011 and 2014.
The company announced in a statement, “In line with the Board’s succession plan, the company is pleased to announce the appointment of Mr. Asue Ighodalo as the Non-Executive Chairman effective May 1, 2023.
“Ighodalo joined the Board on January 1, 2022. He is a highly experienced lawyer with over 35 years of experience and a leading figure in corporate Nigeria. He currently serves as the chairman of Sterling Bank Plc and Levene Energy Group and sits on the board of Okomu Oil Palm Plc. He is the immediate past Chairman of the Nigerian Economic Summit Group.
“The Board expresses its appreciation to Chief Kolawole B. Jamodu for his valuable contributions to the growth and success of the Company during his tenure. The Board also congratulates Mr. Asue Ighodalo on his appointment and wishes him success in his new role.”