Nigerian Breweries’ MD resigns for higher post in Heineken Group

According to a notice sent to the Nigerian Stock Exchange by the company and pasted on the Exchange website on Thursday the Managing Director of the Nigerian Breweries Plc, Mr. Vervelde has resigned from the company.
The resignation is to enable him take up a new role within the Heineken Group outside Nigeria.
“In anticipation of that and preparation to take up a new appointment, Mr.Nicolaas 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.
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 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,” Agbebaku said.