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| L -R: Mr.Uaboi Agbebaku, Company Secretary/Legal Adviser, Nig. Breweries Plc; Mr. Kufre Ekanem, Corporate Affairs Adviser, Nig. Breweries Plc; Mrs. Tinuade Awe, Exec Dir, Regulation, The Nigerian Stock Exchange; Mr. Jordi Borrut Bel, M. D, Nig. Breweries Plc; Mrs. Grace Omo-Lamai, Human Resources Dir, Nig Breweries Plc and Mr. Franco Maria Maggi, Marketing Dir, Nig Breweries Plc |
The
Chief Executive Officer of The Nigerian Stock Exchange, Mr. Oscar Onyeama has
commended Nigerian Breweries Plc for its commitment to corporate governance
standards. Mr. Onyeama gave the commendation when the new Managing Director of
Nigerian Breweries Plc, Mr. Jordi Borrut Bel visited The Exchange in the
company of other top management of company.
Speaking
during the visit, Mr. Onyeama who was represented by Ms Tinuade Awe, Executive
Director, Regulation, The Nigerian Stock Exchange, described Nigerian Breweries
as an exemplary corporate citizen.
Awe
explained that part of The Exchange’s core mandate is to ensure that it
continues to provide a robust platform that will attract the confidence of
local and foreign investors.
In his remark, the Managing
Director, Nigerian Breweries Plc, Mr. Jordi Borrut Bel acknowledged the pivotal
role The Exchange has been playing in the sustained growth and development of
the capital market and the Nigerian economy in general, over the years.
While restating the commitment
of Nigerian Breweries to sustaining its relationship with The Exchange, Borrut
Bel added that the company has over the years excelled in compliance and
corporate governance matters. “I am aware that we have over the years received
awards and recognition from The NSE including The NSE President’s Merit Award
in the Brewery Sector, The NSE Quoted Company of the Year Award and The NSE
CEO’s Distinguished Award for Compliance, and The NSE CEO’s award as the Most
Compliant Listed Company on The Nigerian Stock Exchange”, he said. He pledged
the commitment of the company to sustain its high performance in matters of
corporate governance and compliance.
Mr. Borrut Bel also
congratulated The Exchange for the recent historic high equity market
capitalization of N15 trillion and for being the best performing Stock Exchange
in Africa and No 3 in the World in 2017.
The Nigerian Breweries
team was later invited to the trading floor where Borrut Bel performed the
traditional ringing of the bell to close the market for the day. At the brief
closing ceremony, the Doyen of Stockbrokers, Mr. Sam Ndata commended Borrut Bel
and his team for the visit and lauded Nigerian Breweries for its sustained good
return on investment for the company’s shareholders.
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