Nigeria’s largely capitalised corporations are regularly getting the gender equality calculations proper of their board management formation.

Taking the lead are listed brewing giants, the newest being the appointment of Juliet Anammah as first feminine board chair of Nigerian Breweries Plc.

Rising from its December 12 board assembly, Nigerian Breweries Plc appointed Juliet Anammah because the substantive chair of the board efficient January 1, 2025.

She takes over from Sijbe ‘Siep’ Hiemstra, who has been the board chairman in an interim capability because the begin of the 12 months.

Anammah joined the board efficient January 1, 2022 and previous to her appointment because the chair of the board, she was the chair of the Governance and Ethics Committee.

Learn additionally: Nigerian Breweries says rights difficulty subscribed by 91.59%

She has over three a long time {of professional} expertise masking consulting, shopper items, gross sales, advertising, e-Commerce, and sustainability.

She is the speedy previous chair and chief group sustainability officer of Jumia Nigeria, having beforehand held the position of chief govt officer with Jumia.

She had additionally served because the managing director, Accenture LLC, in control of the agency’s shopper items observe, retail, and transportation observe in West Africa. She serves on the boards of native and worldwide organisations, together with Flour Mills of Nigeria Plc.

“Progress is being made and we now have feminine board chairs at two of the NGX-30 corporations. Congratulations to Juliet,” an knowledgeable market supply informed BusinessDay.

“Mobola Johnson is the chair of Guinness. The brewers definitely get the maths proper. We’re slowly closing the gender equality hole with seasoned and competent girls in management,” he added.

Nigerian Breweries’ current rights difficulty was 91.59 % subscribed. The corporate launched its N599.1 billion rights difficulty on September 2, providing 22.61 billion unusual shares at N26.50 per share, utilising a ratio of 11 new shares for each 5 held as of July 12.

Learn additionally: Nigerian Breweries can’t appear to shake-off naira devaluation woes

The capital elevating train grew to become essential because of the vital losses incurred by the corporate after the devaluation of the Naira.

Three years in the past, Guinness Nigeria appointed Omobola Johnson as its board chair following the retirement of Babatunde Savage.

Earlier this 12 months, Guinness Nigeria Plc had offered Diageo’s 58.02 % shareholding to Tolaram, making it the brand new majority shareholder. The deal was valued at over N103 billion on the then premium worth of N81.60 per share.

Although Guinness Nigeria Plc’s after-tax loss stood at N12.2 billion within the 9 months of 2024 from an after-tax revenue of N2.59 billion in the identical interval of 2023, the agency’s income grew to N125.9 billion from N59.5 billion through the reviewed interval. Value of gross sales grew to N111.6 billion from N41.4 billion.