Angostura CEO steps down

Angostura Holdings has announced the departure of managing director and CEO Wayne Yip Choy, effective September 21, 2011.

A statement said: “The Board of Directors of AHL has vested the day to day management of the company to the Executive Management team.

“Mr. Yip Choy will no longer serve on the Board of Directors of Angostura Holdings Limited and its subsidiaries.”

Yip Choy joined the company in 2009 from Caribbean brewery Carib.