International Breweries Announces Resignation Of Igwe Anugwu, Abiye Tobin-West As Directors
By Zainab Iwayemi
International Breweries Plc has announced the resignation of Igwe Peter Anugwu and Ms. Abiye Tobin-West, as Non-Executive Directors of the Company.
In a statement signed by the Company Secretary, Muyiwa Ayojimi, the resignations are with effect from 31 August 2022.
In line with Corporate Governance prescriptions, the board is expected to exercise the powers conferred on it by the Company’s Articles on new appointments to fill the casual vacancies.
The statement read, “International Breweries Plc (“the Company”) hereby informs Nigerian Exchange Limited “NGX” and the investing public of the following resignations from the Board of Directors of the Company,
“The resignations of Igwe Peter Anugwu and Ms. Abiye Tobin-West, as Non-Executive Directors of the Company, has been accepted by the Board. The resignations are with effect from 31st August, 2022.
“The Board is appreciative of the fiduciary role and selfless contributions of Igwe Peter Anugwu and Ms. Abiye Tobin-West to the Company particularly from the pre-merger and post-merger era of the Company and hereby thank and wish them well on their retirement.
“The Board will exercise the powers conferred on it by the Company’s Articles and in line with Corporate Governance prescriptions on new appointments to fill the casual vacancies created by these exits in due course.”
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