Forte Oil Appoints Nicolaas A.Vervelde as an Independent Non-Executive Director

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Friday, December 09, 2016 3:16 PM /NSE

Forte Oil Plc
would like to formally notify the Nigerian Stock Exchange on the appointment of Mr. Nicholaas A. Vervelde as an Independent Non-Executive Director of the Company.

Mr. Vervelde is the Managing Director/Chief Executive Officer of Nigerian Breweries Plc. He is a Board Member of the Nigerian Economic Summit Group and also sits on the Advisory Board of the Lagos Business School. Mr. Vervelde is also the Chairman of the Beer Sectoral Group of the Manifacturers Association of Nigeria and the Nigerian Breweries Felix Ohiwerei Education Trust Fund.

He started his career with Heineken in 1984 and held increasingly senior management positions in commercial, general management and regional management in Europe, Africa and Middle East, Bahamas, Carribean and Central America. He is an experienced Manager of Merger & Acquisition and a seasonsed, international Change Manager.

The appointment of Mr. Vervelde as an Independent Non-Executive Director will bring a wealth of knowledge to the Board of Directors of Forte Oil, following his diverse experience.

This appointment will also enhance the already versatile Board of Forte Oil in ensuring that the Company continues to fulfill its vision of being the foremost energy solutions provider and be in the forefront of global best corporate governance practice.

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