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Ayeni Joins Guinness Nigeria Board After Irukwu’s Exit

By Modupe Gbadeyanka

Mrs ‘Yemisi Ayeni has been appointed to the board of Guinness Nigeria Plc as a non-executive director. Her appointment took effect from September 1, 2018.

According to a statement issued by the brewer, the board, at its meeting held on Tuesday, August 28, 2018, accepted the retirement of Prof Joe Irukwu (SAN) as a non-executive director of Guinness Nigeria Plc with effect from August 28, 2018.

Mrs Ayeni is the immediate past Managing Director of Shell Nigeria Closed Fund Administrator Limited, a position she held for 10 years until her retirement in April 2015.

She is a 1985 honours graduate of Accounting and Business Finance from the prestigious University of Manchester, UK: a 1989 Chartered Accountant and member of the Institute of Chartered Accountants in England and Wales.

Mrs Ayeni started her professional career with Pricewaterhouse, London in 1985 where she spent 5 years working her way through variety of increasingly senior Audit roles before moving to the Firm’s Corporate Reconstruction and Insolvency team in 1990. She returned to Nigeria in 1991 as a Senior Manager in the Corporate Finance Team of PricewaterHouse, Lagos.

In 1994, Mrs Ayeni joined Shell Nigeria and held a wide variety roles during her 21 years with Shell. In November 2004, she was appointed Finance Director, Shell Exploration & Production Company Ltd (SNEPCO), earning her the distinction of being the first Nigerian Female to be appointed to the Board of a Shell Company in Nigeria.

Until her retirement, Mrs Ayeni was a council Member of the Nigerian Stock Exchange and the chair of the Exchange’s Demutualization and Technical Committees: Vice Chairman, Pension Fund Operators’ Association and the Chair of the Association’s Institute Committee. She is currently the chairperson of NASCON Allied Industries Plc and Non-Executive Director of Stanbic IBTC Pension Managers Ltd.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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