Corporate Governance

The Board of Guinness Nigeria Plc and the Guinness Leadership Team are committed to achieving the highest standards of corporate governance, corporate responsibility and risk management in directing and controlling the business. The principal governance rules applying to companies listed on the Nigerian Stock Exchange are contained in the Code of Corporate Governance in Nigeria adopted by the Securities and Exchange Commission and the Corporate Affairs Commission in February 2011 ('the Code').

Guinness Nigeria is committed to conducting its business responsibly and in accordance with all laws and regulations to which its business activities are subject. The Board has a well established compliance programme to support achievement of this commitment.

Board Committees' Terms of Reference

The Board has established Committees, each with clearly defined terms of reference, procedures, responsibilities and powers.

Finance and Risk Committee

The Finance and Risk Committee is chaired by Professor J. O. Irukwu, SAN. The Committee consists exclusively of non-executive directors:

Governance and Remuneration Committee

The Governance Committee is chaired by Dr. Nicholas Blazquez and comprise of the following members: