Shoprite Holdings’ independent director resigns after company’s founder gets re-elected

SOUTH AFRICA – Shoprite Holdings Ltd.’s lead independent director, Shirley Zinn, resigned abruptly making Africa’s biggest supermarket chain now down to five non-executive directors. This comes two days after Christo Wiese’s almost 30-year stint as […]

Molson Coors chief executive to retire, names Gavin Hattersley as successor

CANADA – Molson Coors Brewing Company has announced that its chief executive officer, Mark Hunter, will retire on 27 September 2019 and has named Gavin Hattersley as the successor. Mark Hunter, who oversaw the acquisition […]

Pick n Pay appoints Lerena Olivier as new chief finance officer

SOUTH AFRICA – Pick n Pay Stores, South Africa’s third largest grocery retailer, has appointed senior executive Lerena Olivier as the new chief finance officer (CFO), effective September 6, 2019. Oliver will replace Pick n […]

Coca-Cola Nigeria appoints Yebeltal Getachew as new managing director

NIGERIA – Coca-Cola Nigeria Limited (CCNL) has appointed Yebeltal Getachew as the new Managing Director of the company. Getachew, whose appointment was effective June 2019, takes over from Bhupendra Suri and will be responsible for […]

Bidco Africa Group’s chief executive Thiagarajan Ramamurthy retires

KENYA – Bidco Africa Group, one of the leading consumer goods manufacturer in Kenya, has announced the retirement of Thiagarajan Ramamurthy as the company’s chief executive officer. A statement made by company’s Chairman, Vimal Shah, […]

Nigeria’s Beta Glass retains top management officials at the company’s board

NIGERIA – Beta Glass Plc, a Nigerian glass packaging group and subsidiary of Frigoglass Industries Nigeria Limited, has resolved to retain majority of its directors in its board. The company during its recently held annual […]

Dangote Sugar appoints Ravindra Singh as new acting managing director

NIGERIA – Dangote Sugar Refinery Plc has announced the appointment of Mr. Ravindra Singh Singhvi,currently serving the chief operating officer role as its acting Managing Director. According to a statement issued to the Nigerian Stock […]

EABL’s Serengeti Breweries appoints Mark Ocitti as new Managing Director

TANZANIA – The East African Breweries Limited (EABL) has appointed Mark Ocitti as the new managing director of its Tanzania based subsidiary, Serengeti Breweries Limited (SBL). Mark will take over from Helene Weesie- who has […]

Coca-Cola Beverages Africa appoints Xavi Selga as new head of Kenya unit

KENYA – Coca-Cola Beverages Africa has appointed its long-serving Coca-Cola executive, Xavi Selga, as the new managing director for Kenya, Mayotte and Comoros. Mr Selga takes over from Daryl Wilson, who has been appointed to […]