In anticipation of the 2024 governorship election in Edo State, Asue Ighodalo, the Chairman of Nigerian Breweries Plc, has stepped down from his position on the company’s board.
Ighodalo, a gubernatorial aspirant under the Peoples Democratic Party (PDP) for the upcoming election, is reportedly endorsed by the incumbent governor, Godwin Obaseki.
A native of Ewohimi in the Esan Southeast Local Government Area of Edo Central Senatorial District, Ighodalo’s political aspirations align with the upcoming electoral landscape.
The formal announcement of Ighodalo’s resignation was made through a corporate filing on the Nigerian Exchange Limited (NGX) last Friday. The company secretary, Uaboi Agbebaku, stated that the resignation will be effective as of 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.
