WorldStage– Nigerian Enamelware PLC (RC 2192) has successfully concluded its 66th Annual General Meeting (AGM), bringing together shareholders and company leadership to chart the strategic course for the fiscal year ahead.
Held on Thursday, November 12, 2026, at the Lekan Are Hall, Kakanfo Inn & Conference Centre in Ibadan, Oyo State, the meeting centered on key corporate governance renewals, leadership continuity, and financial accountability.
Key Highlights for Investors
Adoption of Financial Reports: Shareholders formally received and approved the Reports of the Directors, Auditors, and Audit Committee, alongside the Audited Financial Statements for the financial year ended April 30, 2026.
Leadership Continuity & Board Composition:
Mr. Yujun Tang and Mr. Kevin Cao Liang were re-elected as Directors, successfully rotating back onto the board to maintain consistent executive oversight.
Baale Sunday O. Ogunnowo, who is above 70 years of age, was re-elected by special notice pursuant to Sections 278 and 282 of the Companies and Allied Matters Act (CAMA).
External Audit Appointment: Messrs. Sola Oyetayo & Co. were appointed as the company’s external auditors for the current financial year, with remuneration to be finalized by the Board of Directors.
Statutory Audit Committee Elections:
Shareholder Representatives: Ms. Adegboyega Moradeke Helen, Mr. Babalola Thomas Oyebanji, and Mr. Otukoya Oluwasesan James.
Board Representatives: Baale Sunday O. Ogunnowo and Mr. Kevin Cao Liang.
Corporate Governance & Transparency: In alignment with corporate transparency standards, the remuneration of company managers was disclosed to members, and the compensation for Non-Executive Directors was officially approved.
Related Party Transactions: The general mandate authorizing the company to engage in recurrent transactions with related parties was successfully renewed, ensuring seamless operational continuity.
Strategic Outlook
The decisions ratified at the 66th AGM reinforce Nigerian Enamelware PLC’s commitment to robust corporate governance, regulatory compliance, and transparent financial stewardship. By maintaining experienced leadership on both the board and the audit committee, the company aims to safeguard stakeholder value and navigate current macroeconomic dynamics effectively.
Executive Departure: Nigerian Breweries Announces Retirement of Sales Director Emmanuel Oriakhi
Lagos, Nigeria — Nigerian Breweries Plc has announced the retirement of its Sales Director, Emmanuel Oriakhi, effective Tuesday, November 10, 2026. The departure marks the conclusion of a distinguished 23-year career across Nigerian Breweries and the wider HEINEKEN organization.
Key Takeaways for Investors
Deep Commercial Expertise: Oriakhi’s career spans over two decades, beginning as a Commercial Management Trainee in 2003 and encompassing leadership roles across Marketing, Commercial, and Sales functions both locally and internationally.
Portfolio & Innovation Impact: During his tenure as Marketing Director (September 2018 – March 2025), Oriakhi spearheaded marketing and innovation strategies that drove the growth of key brand lines, including the introduction of Desperados, Zagg, Legend Twist, Goldberg Black, and Heineken 45cl.
Sales Leadership Transition: Transitioning to Sales Director in March 2025, he focused on enhancing trade execution, customer service, and bolstering the company’s overarching sales capabilities.
Leadership Continuity: The company has stated that Oriakhi’s successor will be announced in due course, ensuring strategic continuity for the commercial and sales teams.
Corporate Statement
In an official corporate disclosure signed by Corporate Affairs Director Uzodinma Odenigbo, Nigerian Breweries expressed gratitude for Oriakhi’s dedication, leadership, and significant contributions to brand evolution and corporate growth over the past 23 years.
