Ahead of the 2024 governorship election in Edo State, Chairman of Nigerian Breweries Plc, Asue Ighodalo, has resigned from his role on the board of the company.
Ighodalo, a Peoples Democratic Party (PDP) governorship aspirant for the 2024 gubernatorial election in Edo State, is believed to be anointed by the state governor, Godwin Obaseki.
Ighodalo is Chairman, Sterling Bank Plc; Chairman Nigeria Breweries; Former Chairman Dangote Group; Founding partner, Banwo & Ighodalo; Former Chairman, National Economic Summit Group; Former Chairman, The NBA – Section on Business Law.
Ighodalo hails from Ewohimi, Esan Southeast Local Government Area in Edo Central Senatorial District.
The Nigerian Breweries (NB), in a corporate filing on the Nigerian Exchange Limited (NGX) on Friday, signed by Uaboi Agbebaku, the company secretary, said Ighodalo’s resignation will take effect on December 31, 2023.
“The chairman informed the board today of his decision to offer himself for public service.
“As a result, he will be resigning from the board and as the chairman of the board on the 31st of December 2023 to enable him to devote his full attention to the new cause”, NB said on Friday.
The company said in order for the board to have enough time to appoint a substantive chairman, the longest-serving Director, Sijbe Hiemstra, was appointed to act as the chairman in the interim effective the 1st of January 2024.
Ighodalo joined the Board on January 1st, 2022 and was appointed as the non-executive chairman effective May 1, 2023.
The company also announced the resignation of an Independent Non-Executive Director, Mrs Ndidi O. Nwuneli, following the completion of her 9-year tenure on its board.
Nwuneli, whose resignation will take effect from December 31, 2023, has also been replaced with Mrs Stella Ojekwe-Onyejeli.
Ojekwe-Onyejeli will assume her new role on January 1, 2024.
