Managing Director/CEO
of Guinness Nigeria Plc, the nation’s leading brewer, Mr. John O’Keeffe, during
his first official outing since resuming office paid a courtesy visit to the
management of the Nigerian Stock Exchange and was given the honour of ringing
the closing gong to bring trading activities to a close for the day.
Mr O’Keeffe who made the
visit with members of his Executive leadership team said that the visit was
appropriate because of the long standing partnership that the two institutions
have shared. “Guinness has a long and rich history in Nigeria and with the NSE
having first listed here in 1965 and today being one of the top listed
companies on the platform. I am aware of this great partnership and I and my
executive team are committed to doing all that we can to continue this
partnership to our mutual benefit.”
During the visit, Mr
O’Keeffe used the opportunity to share his strategic plans towards enhancing
operational efficiencies and maximising shareholder value for Guinness Nigeria.
He discussed the depth of investment that Guinness Nigeria and its parent
company, Diageo Plc have made in the Nigerian economy, including a N52b
investment into increasing capacity launched in 2011 and recently completed at
two of the organisations plants in Lagos and Benin. He went on to add that this
level of investment was testament to the belief of the organisation in the
potential of the Nigerian economy. “As well as extensive investments in the
economy, we are investing behind our core brands like Guinness, Harp and Malta
Guinness and are always looking for fresh new innovations to bring to market to
meet the needs of our esteemed consumers.”
Mr. O’Keeffe also
spoke about the company’s strength in innovation. Diageo is well known globally
for its track record of successful innovation. “About 18 months ago, we
launched Orijin, which is made using natural herbs and fruits. The brand only
uses natural sugar and contains no artificial sweeteners, unlike some of its
competitors in the market which have as part of their ingredients at least two
artificial sweeteners. It is the original and biggest bitters brand in the
market and I am not surprised that discerning Nigerian consumers have embraced
it. I wish to assure our consumers that they can expect more of such innovation
from our stable in the near future”.
While responding, the
Chief Executive Officer of the Nigerian Stock Exchange, Mr. Oscar Onyema, OON,
said the exchange was committed to supporting corporate organisations.
“Corporate organisations form one of the most critical stakeholders of the
exchange, without which, we are just an ordinary market. We maintain a strong
relationship with our corporate partners and also provide value for the
companies that choose to list in the exchange.”
Following the
discussions, Mr O’Keeffe was invited to conduct the closing ceremony, an event
that is used to signify the end of the trading activities at Stock Exchanges
across the globe.



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