Nigerian Breweries’ majority investor in Nigeria, Kolawole Jamodu, to exit firm

Nigerian Breweries’ majority investor in Nigeria, Kolawole B. Jamodu, will exit the company after 14 years. He will officially leave the company on April 30, 2023.

Jamodu is the Chairman of Nigerian Breweries, a position after 14 years. Asue Ighodalo has been announced as his replacement.

The investor was first appointed as chairman on January 1, 2008. He led the Nigerian Breweries board through acquisitions and mergers between 2011 and 2014.