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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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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AfDB appoints Atsuko TODA as acting Vice President for Agriculture, Human and Social Development

AFRICA – The African Development Bank Group (AfDB) has announced the appointment of Ms. Atsuko TODA as Acting Vice President for Agriculture, Human and Social Development, effective 16 March 2021. She takes over the position from Wambui Gichuri who was also appointed on acting capacity from 5th July 2020. The position was left vacant following the resignation of Dr Jennifer Blanke on purely family reasons, intending to rejoin her family in Switzerland after a very fulfilling time at the bank. Atsuko, a Japanese citizen, is a seasoned professional with over…

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Zambeef Products names new Non-Executive Directors in company’s Board

ZAMBIA – Zambeef Product Plc, the integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, has announced the appointment of Katebe Monica Musonda, Pearson Gowero and Roman Frenkel to the company Board as Non-Executive Directors with immediate effect. The appointees replace Margaret Kunda Chalwe-Mudenda, Professor Enala Lyson Tembo-Mwase and John Rabb, who resigned and stepped down from the decision making and policy formulating committee effective 5th March 2021. Monica Musonda who will be the Chair of the Remuneration Committee, is an accomplished business executive with…

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Nigerian QRS operator Eat ‘N’ Go adds to Patrick McMichael’s docket Group Managing Director role

NIGERIA – Eat ‘n’ Go Limited, franchise owners of Domino’s Pizza, Cold Stone Creamery, and Pinkberry Frozen Yogurt has announced the promotion its current Chief Executive Officer Patrick McMichael to lead the business group as Group Managing Director and CEO. In his new role, he will be overseeing all the activities within the group and will further help the company achieve its goals in the Nigerian market. McMichael joined Eat’N’Go as CEO in 2018, after nearly 30 years working with Domino’s. He started out as a trainee manager in Sydney,…

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Coca-Cola Nigeria elevates Amaka Onyemelukwe to be Director Public Affairs, Communications & Sustainability

NIGERIA – The Coca-Cola Company has appointed Amaka Onyemelukwe to be the Director Public Affairs, Communications & Sustainability (PACS) for its Nigeria operations. Prior to her appoint to the new stint, Amaka was the Head Public Affairs, Communication & Sustainability for Coca-Cola Nigeria. At her former docket she assiduously protected and grew the company’s reputation and social license, mitigated against discriminatory taxes and adverse regulations. She also built and implemented high impact community programmes to promote sustainable development and support global commitments, while also safeguarding the company’s assets and assured…

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EABL taps into parent company’s Britain Managing Director to be board member

KENYA – East African Breweries Limited has announced the appointment of Dayalan Nayager, as a non-executive director on the twelve-member board. Dayalan is currently the Managing Director for Diageo Great Britain and he is a member of the Diageo Europe Executive team, reports Kenyan Wallstreet. He replaces Andrew Cowan, the former Group Managing Director and Chief Executive Officer of EABL, who has taken up the role of Diageo’s Managing Director for African Regional Markets. Diageo’s Africa regional markets comprise operations in Ghana, Cameroon, Ethiopia, the Indian Ocean islands and Angola.…

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