BY HANNAH ONI, Lagos
The chairman of Guinness Nigeria, Mr Babatunde Savage is expected to retire on the 30th of June, 2021
Guinness Nigeria has announced the notice of retirement of its Board Chair Mr Babatunde Savage effective June 30, 2021.
Savage would be replaced by Nigeria’s pioneer minister of communication and technology, Dr Omobola Johnson, who is also a member of the board with effect from July 1, 2021. Savage has served as Guinness board chair for twelve years.
In his letter of notification to the board, Savage expressed his pleasure at the opportunity to have been a part of the wonderful Guinness Nigeria story over the last four decades. He also thanked the Board of Guinness Nigeria and Diageo UK for the opportunity to have served the Company in many capacities.
Regarding his successor, Savage said: “Dr Omobola Johnson as incoming board Chair perfectly complements the Board of Guinness Nigeria because of her unmatched skills and experience, and I am confident she will continue to provide the right leadership and valuable perspectives to enable the company to sustain the execution of its unique strategy, drive profitability and enhance value for all stakeholders”.
In his reaction, the managing director, Guinness Nigeria Plc, Mr Baker Magunda acknowledged the unwavering support of the former chair while he served.
Commenting on her appointment, Johnson, a former Country managing director for Accenture and a senior partner at TLCom Capital said, “Guinness Nigeria is an excellent company with tremendous value creation opportunities, and I believe the refreshed board and the management team will remain committed to carrying on the excellent tradition of the company led by Mr Savage in achieving outstanding performance and maximising shareholder value.”