Business
November 29, 2023 by Chikodi Okereocha
BAT Nigeria appoints Karim advisory board chairman
British American Tobacco (BAT Nigeria) has announced the appointment of Kola Karim as its Advisory Board Chairman, effective November 1, 2023.
Karim, the Agbaoye of Ibadan Land and currently Managing Director/Chairman of the Board of Directors of Shoreline Energy International, has over two decades of distinguished career span.
As MD of Shoreline, he has successfully led the company in navigating complex challenges and driving sustainable growth, and he will bring his wealth of experience and expertise to bear on his new role at BAT Nigeria.
In his capacity as BAT’s Advisory Board Chairman, he will provide strategic guidance and oversight to BAT Nigeria, leveraging his extensive leadership experience and industry knowledge to support the company’s continued success in the dynamic and evolving market.
Speaking on his appointment, Managing Director, BAT West and Central Africa, Yarub Al Bahrani, said: “We are pleased to welcome such a distinguished expert to chair our advisory board as his proven track record of leadership makes him an excellent fit.
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“We believe that under his guidance, BAT will continue to thrive, delivering value to our stakeholders and upholding the highest standards of corporate governance in realising BAT’s ‘A Better Tomorrow purpose.”
Al Bahrani noted that Karim’s appointment aligns seamlessly with BAT Nigeria’s strategic goals, and the company looks forward to the valuable contributions he will make to the organisation.
Commenting on his appointment, Karim, expressed his delight, stating, “I am honoured to take on the role of Chairman on the BAT Advisory board. The company is renowned for its commitment to excellence, innovation, and responsible business practices.
“I am eager to work collaboratively with the board and management to contribute to the continued success of BAT.”
BAT has been involved in the manufacturing business in Nigeria for over 100 years, contributing to the domestic production and diversification of the country’s economy beyond oil.
In 2003, it commissioned its world class state-of-the-art $185 million factory in Ibadan, Oyo State. BAT has been recognized as one of the top 10 consistent non-oil exporter putting ‘Made in Nigeria’ goods on the West and Central Africa map.
Through this Advisory Board, BAT reinforces its long-term commitment to doing business in Nigeria and its pledge to continue to invest, so long as the company is empowered to do this in a conducive business environment.
