Int’l Breweries names new MD, Finance Director; Degroot, Momoniat to depart at year end

International Breweries brand - Hero Lager

International Breweries Plc, the Nigerian unit of global brewer, Anheuser-Busch InBev has announced the resignation of its Managing Director, Annabelle Degroot and Finance Director Mr Zuber Momoniat effective 31 December 2019.

In a statement released by the company, it said that Degroot will be moving into a new role in Europe within the AB InBev Group.

The statement further said that “Degroot played an integral part in the restructuring and transformational changes witnessed by the Company which earned the Company the No. 2 position in the Nigerian brewing industry.”

Degroot was the Managing Director of Zambian Breweries Plc under SABMiller Brewing Co prior to its merger with AB InBev and before taking up the new role of MD at Int’l Breweries.

She will be replaced by Mr Hugo Dias Rocha, who has been with AB InBev for 24 years and has worked in different leadership roles within the Sales, Process Integration and Human Resources functions in various countries including Brazil, Dominican Republic, China, Colombia, Argentina and South Africa.

Rocha holds a Masters in Business Administration (MBA) from the Sao Paulo Business School, Brazil, and a Degree in Mechanical Engineering from the Federal University, Paraisa, Brazil.

Also named to the Finance Director position to replace Momoniat is Mr. Bruno Sambrano Arana. According to the company, Arana holds a Masters in Business Administration (MBA) from Mccombs School of Business – Austin, Texas; Bachelor of Science in Economics from the University of Texas at Arlington – Arlington, Texas.

“Mr Arana comes with tremendous experience in all financial aspects from the AB InBev’s businesses in Latin America, East Africa and South Africa,” the company said.

It added that “The Board is confident that these new appointments will ensure continuity, boost the overall strategy of the Company towards profitability for all stakeholders.”

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