C&C Group has appointed Sanjay Nakra to its board as an independent non-executive director, BusinessPlus has reported.
The news comes after recently-appointed non-executive director Feargal O’Rourke purchased shares in the Bulmers-owner in a move that could spell confidence for the company’s future.
Nakra is a senior corporate finance leader with more than two decades of experience in investment banking in Europe, the US and Canada.
He worked as the managing director and co-group head for diversified industries at TD Securities from 2010 to 2021.
Prior to that, he served as the company’s managing director and group head for technology, infrastructure and investment banking from 2006 to 2010.
Nakra is currently on the board of directors of Canada’s Algoma Steel Group and CGI Ltd, and he is co-chair of the University Health Network (UHN) Annual Gala: Diwali – A Night to Shine.
He is also on the board of directors, chair of the nominating and governance committee and co-chair of Women Centre Stage of Soulpepper Theatre Company.
‘Invaluable’
Speaking about the appointment, C&C’s chair and chief executive Ralph Findlay said, “I would like to take this opportunity to welcome Sanjay Nakra to the board.
“He brings a wealth of international corporate and capital markets expertise spanning three decades which will further augment the board’s existing capabilities.
“His corporate experience and insight will be invaluable as we progress our financial, operational and future strategic growth plans.”
On his new role, Nakra said, “C&C boasts a unique portfolio of iconic drinks brands and a market-leading drinks distribution business to the UK and Ireland.
“I look forward to joining the board and bringing my experience in further enabling this unique business to achieve its full potential.”
