Guinness Nigeria Announces Changes to Board of Directors

Guinness Nigeria Plc has announced key changes to its board of directors, reflecting its commitment to strong corporate governance and strategic leadership.

The announcement is contained in a statement signed by the company’s Legal Director/Company Secretary, Abidemi Ademola.

The statement announces as follows: “Dr Omobola Johnson will retire as Chair of the Board of Directors effective January 28, 2025, following the successful completion of her nine-year tenure on the Board. Johnson has served as Board Chair since July 1, 2021, during which she provided strategic leadership that drove year-on-year revenue growth and positioned Guinness Nigeria as a market leader. The Board, Management, and staff express profound gratitude to Dr Johnson for her vision, dedication, and outstanding contributions to the Company’s success.

“Ngozi Edozien retired from the Board on November 27, 2024, after completing her tenure. The company acknowledges and appreciates Ms Edozien’s commitment, guidance, and significant contributions to the Board over the years and wishes her the very best in her future endeavors.

“Effective January 29, 2025, Prof Fabian Ajogwu, SAN, will assume the role of Board Chair. A distinguished legal scholar and expert in corporate governance, Prof. Ajogwu has been a Board member since November 2018. He has chaired pivotal committees, including the Nominations, Governance and Remuneration Committee, and has played a critical role in fortifying the Company’s governance structure. With his wealth of experience and strategic insight, Prof. Ajogwu is poised to lead Guinness Nigeria into its next phase of growth and innovation.”

It added: “Olusola Oworu will join the Board as an Independent Non-Executive Director effective February 1, 2025, subject to shareholders’ approval at the next Annual General Meeting. With over three decades of experience spanning consulting, finance, and public service, Mrs. Oworu brings a unique combination of strategic leadership and operational expertise that will enhance the Company’s Board capabilities.

“ Bola Adesola will also join the Board as an Independent Non-Executive Director effective February 1, 2025, subject to shareholder approval. With over 33 years of experience in the banking sector, Mrs. Adesola is renowned for her visionary leadership, gender advocacy, and mentoring. Her extensive expertise in corporate governance and strategy will be a valuable asset to the Company.”