Beta Glass Announces Board Changes as New Directors Join
Beta Glass Plc, West and Central Africa’s leading glass container manufacturer, has announced the departure of four longstanding Board members: Mr. Emmanouil Metaxakis, Mr. Vassilis Kararizos, Mr. Serge Joris, and Mr. Gagik Apkarian. The Board has expressed its heartfelt appreciation for their dedicated service and strategic contributions, which have played a vital role in the Company’s growth. They are wished continued success in their future endeavours.
Building on this foundation, Beta Glass is delighted to welcome four distinguished professionals to its Board of Directors. These new appointments introduce a blend of extensive industry expertise and innovative perspectives to support the Company’s next chapter of growth and innovation:
Mr. Nitin Kaul, (Non-Executive Director) brings over 25 years of international experience in strategy, mergers and acquisitions, restructuring, and business transformation across both developed and emerging markets. He is a Partner, Portfolio Operations, and member of the Executive Committee at Helios Investment Partners. Before joining Helios, he co-founded a boutique advisory firm specialising in M&A and operational improvement for private companies. His previous roles include President of diversified industrial and aftermarket businesses at Gates Corporation, where he was part of the executive team that led its sale to Blackstone in 2014. Earlier in his career, he held senior leadership positions at Tomkins and began his professional journey at Arthur Andersen. He currently serves on the boards of several companies across emerging markets.
Ms. Olusola Carrena, CFA, (Non-Executive Director) is a highly respected financial services leader with over 23 years of experience spanning investment banking, private equity, and corporate finance across Africa. She is Managing Director (Nigeria) on the Investment Team at Helios Investment Partners, overseeing deal origination, execution, exits, and portfolio management across sectors. Prior to this, she spent ten years at Stanbic IBTC Capital Limited, rising to Executive Director and Head of Corporate Finance. During her tenure, she led and closed more than 30 transactions valued at over US$4 billion across diverse industries including oil and gas, FMCG, financial services, infrastructure, and healthcare. A CFA Charterholder, she holds a Master’s degree from the University of Alberta and a First-Class degree from the University of Lagos.
Mr. Bolaji Olatunbosun Osunsanya (Non-Executive Director) is an accomplished CEO, investor, and governance specialist with over 35 years of experience across energy, finance, and infrastructure sectors. He previously served as Group CEO of Axxela Ltd., leading strategic restructuring and significant value creation initiatives. His earlier roles include executive leadership positions at Oando PLC and Access Bank Plc, where he contributed to business transformation, governance enhancements, and sustainable expansion. He has served on numerous boards of publicly listed and private companies, providing oversight in strategy, audit, risk, and corporate governance. He remains an influential voice in Nigeria’s energy and financial sectors.
Mr. Boye Olusanya, (Non-Executive Director) is a transformative business leader with over three decades of experience spanning engineering, telecommunications, manufacturing, and agribusiness. He is currently Group Chief Executive Officer of Flour Mills of Nigeria Plc, where he is spearheading a strategic transformation focused on value chain integration, sustainability, and digital innovation. His previous roles include Chief Executive Officer of 9mobile and Chief Transformation Officer at Dangote Industries Limited, where he led enterprise-wide restructuring and operational efficiency initiatives. He also served as Group Operating Partner at Helios Investment Partners, overseeing performance optimisation across portfolio companies. Additionally, he is Vice Chairman of the Nigerian Economic Summit Group, actively contributing to national economic policy dialogue and private-sector development.
The appointments of the four new Directors are subject to shareholder ratification at the upcoming Annual General Meeting scheduled for 26 June 2026. The changes have been reflected in the Company’s financial statements.