International Breweries appoints Hugo Dias Rocha as its new Managing Director

International Breweries Plc has announced the resignation of two of its directors – the Managing Director, Annabelle Degroot and the Finance Director, Zuber Momoniat. Effective 31st December 2019.

According to the statement sent to the Nigerian Stock Exchange and signed by the Company Secretary/General Counsel, Muyiwa Ayojimi, he said that Degroot is said to be moving into a new role in Europe within the AB InBev Group.

Also announced in the statement is the appointment of Hugo Dias Rocha and Bruno Sambrano Arana. While Rocha will be replacing Degroot as Managing Director, Arana will replace Momoniat as Finance Director.

Hugo Dias Rocha joined AB InBev 24 years ago 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.

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

Bruno Sambrano 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.

He comes with tremendous experience in all financial aspects from the ABInBev’s businesses in Latin America, East Africa and South Africa.