JUST IN: Nigerian Breweries’ MD resigns

Heineken bottles [Photo: www.heineken.com]

The Managing Director of Nigerian Breweries, Nicholaas Vervelde, has resigned.

According to a notice posted to the Nigerian Stock Exchange by the company, Thursday afternoon, Mr. Vervelde resigned to take up a new role within the Heineken group outside Nigeria.

“In anticipation of that and preparation to take up a new appointment, Mr. Vervelde submitted a letter of resignation, from the Board and the company, to the Board of Directors (“the board”) at the Board Meeting held yesterday, the 3rd of May, 2017,” said Uaboi Agbebaku, the legal adviser to Nigerian Breweries largely owned by the Dutch beer maker, Heineken.

Mr. Ververlde joined the company in August 2010 as Managing Director, and until his resignation on Wednesday, served as the company’s Chief Executive Officer.

According to Mr. Agbebaku, the company recorded several milestones when Mr. Ververlde led its operations, leading to acquisition of additional breweries.

“The Board has immediately commenced the process of identifying a replacement for Mr. Vervelde and will make an announcement in that regard in due course,” Mr. Agbebaku said.

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate

NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.