Beta Glass Plc has appointed four new non-executive directors to its board, reshaping its leadership as the West and Central African glass container maker positions itself for its next growth phase under private equity ownership.
The Lagos-based company said in a statement Monday that Nitin Kaul, Olusola Carrena, Bolaji Olatunbosun Osunsanya, and Boye Olusanya have joined its board, subject to shareholder ratification at its annual general meeting on June 26.
The appointments follow the departure of Emmanouil Metaxakis, Vassilis Kararizos, Serge Joris, and Gagik Apkarian. The company thanked the outgoing directors for their “dedicated service and strategic guidance,” which it said had been instrumental to its growth.
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Beta Glass, a portfolio company of Helios Investment Partners, supplies glass packaging to beverage, pharmaceutical, and food companies across Nigeria and exports to markets including Ghana, Burkina Faso, and the Ivory Coast.
Kaul, a partner in portfolio operations and member of the executive committee at Helios, brings more than 25 years of experience in mergers and acquisitions, restructuring, and business transformation across developed and emerging markets.
He previously served as president of diversified industrial and aftermarket businesses at Gates Corporation and was part of the executive team that led its sale to Blackstone in 2014.
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Carrena, managing director for Nigeria on Helios’s investment team, has more than two decades of experience in investment banking and private equity.
Before joining Helios, she spent 10 years at Stanbic IBTC Capital Limited, where she rose to executive director and head of corporate finance, leading transactions valued at more than $4 billion across sectors including oil and gas, consumer goods, and infrastructure.
Osunsanya, a former group chief executive officer of Axxela Ltd., has over 35 years of experience spanning energy, finance, and infrastructure. He previously held executive roles at Oando Plc and Access Bank Plc, where he worked on business transformation and governance initiatives.
Olusanya currently serves as group chief executive officer of Flour Mills of Nigeria Plc. His career includes stints as chief executive officer of 9mobile and chief transformation officer at Dangote Industries Limited.
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He also previously acted as group operating partner at Helios, overseeing performance improvement across portfolio companies, and is vice chairman of the Nigerian Economic Summit Group.
The board overhaul comes as Beta Glass navigates rising input costs and currency volatility in Nigeria while seeking to deepen its export footprint in regional markets.
The company said the new directors bring “a diverse combination of industry experience and fresh perspectives” to drive innovation and growth.
Shareholders are expected to vote on the appointments at the company’s annual meeting scheduled for June 26, 2026.