Guinness Nigeria Plc appoints Prof Fabian Ajogwu as Board Chairman

Guinness Nigeria Plc has notified the Nigerian Exchange and the investing public if the appointment of Prof Fabian Ajogwu as the Board Chairman and Independent Non-Executive Director effective 29 January, 2025.

Prof Fabian Ajogwu has been a valued member of the Board since November 2018 and brings a wealth of experience in Board Governance, Business & Entrepreneurship, Business Executive Education and Strategic leadership. Prof Ajogwu has served assiduously as a member and more recently as Chair of the Nominations, Governance and Remuneration Committee and as a member of the Board Finance Audit and Risk Committee ensuring strong governance and contributing to key decisions which have fortified the Company even in tough times.

Prof Ajogwu is a Senior Advocate of Nigeria, and Lagos Business School Professor of Corporate Governance. He is an Alumnus of the Saïd Business School of Oxford University, and the Lagos Business School. Professor Ajogwu holds a Ph.D in Law from the University of Aberdeen, Scotland; an MBA from the IESE Business School, Barcelona; and Law degrees from the University of Nigeria and the University of Lagos. He has practised law at Kenna Partners for over 3 decades, with 16 years in the Inner Bar.

Professor Ajogwu is the Founder and Fellow of the Society for Corporate Governance Nigeria; a Fellow of the Nigerian Institute of Chartered Arbitrators, the African Leadership Initiative West Africa, Henry Crown Global Leadership of the Aspen Institute, the AIFA Reading Society, the Society for Art Collection, and a member of the Oxford Philosophical Society, Royal Institute of Philosophy London, and Royal African Society, UK. He is the President and Chairman of the Governing Council of the Nigerian Institute of Chartered Arbitrators. He served on the General Council of the Bar, and twice on the Council of Legal Education (Nigerian Law School) as the statutorily designated Distinguished Legal Author. He served on the Governing Council of the Pan-Atlantic University and is the Chairman of the Board of Trustees of Wigwe University. He is a member of the International Council for Commercial Arbitration; and London Court of International Arbitration.

He has been Lead Counsel to governments and corporations in several cases of national importance with an emphasis on energy, telecommunications, finance, and policy. He authored the books – ‘The Law & Practice of Private Equity’; ‘Ship Acquisition & Finance: Law & Practice’; ‘Corporate Governance & Group Dynamics’; ‘Corporate Governance in Nigeria: Law and Practice’; ‘Commercial Arbitration in Nigeria: Law and Practice’; ‘Fair Hearing’; ‘Mergers & Acquisition in Nigeria: Law and Practice’; ‘Law & Society’; and ‘Decoupling Ownership from Management of Companies.’ He co-authored the books – “Outcomes-Based Governance: Modern Perspectives to Corporate Governance’ with Mervyn King SC; ‘Petroleum Law and Sustainable Development’; ‘Legal & Regulatory Aspects of Commerce’; ‘Trade & Investments in Nigeria: Legal & Regulatory Aspects’; ‘Oral and Written Advocacy: Law & Practice’ with Folake Solanke, SAN; and ‘Collecting Art: A Handbook’ with Jess Castellote.

Professor Ajogwu assisted the Securities and Exchange Commission in drafting Nigeria’s pioneer Code of Corporate Governance. He chaired the Nigerian Communications Commission Committee on the pioneer Code of Corporate Governance for the Telecommunications sector. He served on the Financial Reporting Council of Nigeria Committee on the National Code of Corporate Governance 2018. He chaired ARM Harith Infrastructure Ltd (Nigeria’s pioneer infrastructure fund), the Board Nominations and Governance Committee of Seplat Energy Plc, Body of Senior Advocates of Nigeria Committee on Continuing Legal Education; and chairs Novare Group in Nigeria, and NES Global. He serves on the Boards of Stanbic IBTC Holdings Plc, and chairs the Pensions Funds Operators of Nigeria, and chairs the Nominations, Governance & Remunerations Committees of Guinness Nigeria Plc, and of the Nigerian Soveriegn Investment Authority (NSIA). He was appointed to the Board of Guinness Nigeria Plc on November 1, 2018. Professor Ajogwu, SAN, is the recipient of the national honours award of the Officer of the Order of the Federal Republic (OFR) preferred to him by the President of Nigeria.

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