Beta Glass Plc, a member of Helios Investment Partners, has announced changes to its Board of Directors, including the exit of four members and the appointment of new non-executive directors as the company positions itself for its next phase of growth.

In a statement released in Lagos on March 9, 2026, the leading glass container manufacturer in West and Central Africa confirmed the departure of Emmanouil Metaxakis, Vassilis Kararizos, Serge Joris, and Gagik Apkarian from its board.

The Agbara, Ogun State-based company thanked the outgoing directors for their service, noting that their strategic leadership played a significant role in supporting the company’s development and expansion over the years. Beta Glass also wished them success in their future pursuits.

Following their exit, the company appointed four new professionals to its board as non-executive directors, bringing a mix of global industry expertise and local market experience that the company says will help drive innovation and expansion.

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One of the new appointees, Nitin Kaul, has more than 25 years of international experience in corporate strategy, mergers and acquisitions, restructuring, and business transformation across developed and emerging markets. He currently serves as partner in Portfolio Operations and a member of the Executive Committee at Helios Investment Partners.

Before joining Helios, Kaul co-founded a boutique advisory firm focused on M&A and operational improvements for private companies. He previously served as president of diversified industrial and aftermarket businesses at Gates Corporation, and was part of the executive team that led the company’s sale to Blackstone in 2014. Earlier in his career, he held senior roles at Tomkins and began his professional journey at Arthur Andersen.

Also joining the board is Olusola Carrena, a financial services professional with more than 23 years of experience across investment banking, private equity, and corporate finance in Africa. She currently serves as managing director for Nigeria on the investment team at Helios Investment Partners, where she leads deal sourcing, execution, exits, and portfolio management across multiple sectors.

Before joining Helios, Carrena spent about a decade at Stanbic IBTC Capital Limited, rising to executive director and head of corporate finance. During her time there, she led more than 30 transactions valued at over $4 billion across sectors including oil and gas, FMCG, financial services, infrastructure, and healthcare. She holds a master’s degree from the University of Alberta and graduated with a first-class degree from the University of Lagos.

Another new board member, Bolaji Olatunbosun Osunsanya, brings more than 35 years of leadership experience across the energy, financial services, and infrastructure sectors. He previously served as group chief executive officer of Axxela Ltd., where he led restructuring efforts and initiatives aimed at unlocking enterprise value.

Earlier in his career, Osunsanya held senior leadership roles at Oando Plc and Access Bank Plc, contributing to strategic growth initiatives, governance improvements, and operational transformation. He has also served on the boards of several listed and private organisations, advising on strategy, audit, risk management, and corporate governance.

The board also welcomed Boye Olusanya, who has more than 30 years of leadership experience across engineering, telecommunications, manufacturing, and agribusiness. He currently serves as group chief executive officer of Flour Mills of Nigeria Plc, where he is leading a transformation strategy focused on value chain integration, sustainability, and digital innovation.

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Olusanya previously served as chief executive officer of 9mobile and as chief transformation officer at Dangote Industries Limited, where he led large-scale operational reforms. He also worked as group operating partner at Helios Investment Partners and currently serves as vice chairman of the Nigerian Economic Summit Group, contributing to national economic policy discussions.

The appointments will be presented to shareholders for ratification at Beta Glass’ next Annual General Meeting (AGM) scheduled for June 26, 2026.

Beta Glass Plc manufactures glass packaging products for the beverage, pharmaceutical, and food industries. Headquartered in Lagos, the company exports to several markets across West and Central Africa, including Ghana, Burkina Faso, and Côte d’Ivoire, serving both regional and international clients while maintaining a focus on quality, innovation, and sustainability.