The East African Breweries Limited Board of directors has appointed Ory Okolloh as an independent non-executive director with effect from October 15, 2020. Okolloh served as the Managing Director at philanthropic investment firm, Omidyar Network and Luminate Group in Africa. She also serves on the board of several organizations including the Thomson Reuters Founders Share Company, Harvard University’s Centre for African Studies, Stanbic Holdings, and Stanbic Bank Kenya. Last year, the firm posted a 57.34 per cent increase in net profit to Sh11.5 billion, largely driven by a positive macroeconomic environment. EABL reported a Sh7.2 billion profit after tax in the first half of the financial year, largely boosted by the sale of Senator Keg.

Source: The Star October 22, 2020 08:48 UTC