Leading Indian Distiller Tilaknagar Industries to manufacture products for Pernod Ricard

INDIA – Tilaknagar Industries, one of India’s largest distillers, has signed a deal with French distiller Pernod Ricard to make their products at their Maharashtra manufacturing unit. Founded in 1933 as Maharashtra Sugar Mills, Tilaknagar Industries is among India’s ten largest distillers. It boasts of a diverse portfolio of brands in categories including brandy, whisky, vodka, gin and rum and sells Mansion House brandy. According to a statement from Tilaknagar Industries, the agreement with Pernod Ricard will be valid for the next ten years and could be extended to more…

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Tate & Lyle appoints new Inclusion Officer, launches platform to share stabiliser science expertise

UK – Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, has appointed Lauren von Stackelberg as its new Chief Equity, Diversity & Inclusion (EDI) Officer, effective 19 April 2021. In her new role, Lauren will lead the development of Tate & Lyle’s Equity, Diversity and Inclusion (EDI) strategy, policies, and programs aimed at creating a truly inclusive and diverse culture and workforce. According to a statement from Tate & Lyle, Lauren has a strong track record of leading and delivering…

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Agricultural Finance Corporation taps NOCK’s George Kubai to be its new Managing Director

KENYA – Development finance institution Agricultural Finance Corporation (AFC), has appointed George Kubai as its new managing director effective April 1 2021. Prior to his appointment, Mr Kubai was the General Manager, Downstream Operations at the National Oil Corporation of Kenya (NOCK). The new boss takes over from the lender’s Corporation Secretary Mrs Rose Ochanda who has been the acting Managing Director since the retirement of the long-serving CEO Lucas Meso who stepped down in October 2020 after almost 10 years at the helm. Announcing the appointment, AFC Board Chairman…

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Delta Corporation Limited undertakes Executive restructuring following CEO scheduled retirement

ZIMBABWE – Zimbabwe Stock Exchange-listed beverages producer, Delta Corporation has announced the retirement of its CEO Mr Pearson Gowero with effect 30 June 2021, after eight years at the helm. Drawing to a close a distinguished career with the Group spanning nearly 25 years, Mr Gowero will be succeeded by Mr Matlhogonolo Valela, the Group Finance Director who will takes over the reins from July 1. Pearson was appointed as the Chief Executive Officer in June 2012, having joined the Group in March 1997. He started at Chibuku Breweries in…

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South Africa’s Premier FMCG promotes its CFO Kobus Gertenbach to be company’s CEO

SOUTH AFRICA – Premier FMCG, one of South Africa’s leading and oldest consumer goods company has announced that its CEO Tjaart Kruger will be leaving the company at the end of March and hand over the reins to Kobus Gertenbach, Premier’s current CFO. Tjaart joined Premier in 2011 and has more than 30 years of executive experience. Prior to joining the manufacturing giant, he was the CEO of Afrox Ltd for 5 years and previously held executive positions with Tiger Brands in the pharmaceuticals and grains divisions as well as…

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Vineet Sharma to head AB InBev’s marketing and new business development in South Asia

INDIA – Belgium-based and World’s largest beer company AB InBev has appointed Vineet Sharma as Vice President incharge of marketing and new business development for South Asia. Sharma, who joined AB InBev in 2016, was the trade marketing director for South Asia before his promotion to the new role. “I am thrilled to embark on this new journey to accelerate AB InBev’s business transformation agenda in South Asia,” Vineet Sharma said. “I look forward to working closely with our teams, business associates and partners to lead the charge through a…

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Ugandan dairy processor Pearl Dairy lays off 1500 workers as milk ban bites hard

UGANDA – Uganda’s leading dairy processor Pearl Diaries has been forced to lay off over 1,500 workers following stifled milk market access, after Kenya imposed a ban on the product imports from its neighbouring country over a year ago. Uganda produces 2.6 billion litres of milk per annum. However, about 800 million litres are consumed on the domestic market leaving the surplus for the international market. The recent past had witnessed an increase in supply of cheap milk from Uganda to Kenya, leading to local processors raise concerns on the…

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Tuskys appoints its CFO Chadwick Okumu to be company’s interim Chief Executive Officer

KENYA – The struggling retailer, Tuskys Supermarket has appointed its chief financial officer (CFO) Chadwick Okumu as its interim Chief Executive Officer following the departure of Dan Githua last year. Prior to joining Tuskys, Okumu was Chief Financial Officer of Uchumi Supermarket for eight years and has worked in various finance capacities at Reckitt Benchiser and Keroche Breweries. “Mr Chadwick Okumu is the acting Chief Executive at Tuskys. The process of appointing a substantive boss has taken long because getting the right person for the job is not easy,” the…

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African Distillers Zimbabwe appoints Stanley Muchenje as Managing Director

ZIMBABWE – Zimbabwean wine and spirits manufacturer, African Distillers Limited (Afdis) has announced the appointment of Stanley Muchenje as the Managing Director of the company with effect from 1 April 2021. Stan will be taking over the helm of the organization from Cecil Gombera who retires from the company effect from 31 March 2021. Cecil joined the Afdis in October 2012 as the Chief Operating Officer. On 01 July 2013 he was appointed as the Managing Director, a position he held for 8 years. “The Board is grateful to him…

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Commodity trading giant Cargill appoints first female chief finance officer

US – America’s largest privately owned corporation, Cargill has appointed Jamie Miller as the company’s new chief financial officer (CFO). Her appointment becomes effective on June 1. Miller, who succeeds David Dines, will become the first women to hold the position in the company’s history that spans over 156 years. Cargill said that David Dines who has served as the company’s CFO since 2018  is retiring later this year after 29 years with the company. Miller joins the American agricultural conglomerate from General Electric where she was the senior vice…

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