Guinness Nigeria Plc (NGX: GUINNESS) has announced the appointment of Mr. John Musunga as in-coming Managing Director/Chief Executive Officer of Guinness Nigeria Plc and a member of the Board of the Company with effect from the 1st of November 2022.
This was contained in a corporate action document published on the Nigerian Exchange.
According to the document, Musunga’s appointment follows the retirement of Mr. Baker Magunda from Diageo Plc after over 23 years of service and consequently, his resignation from the Board of Guinness Nigeria Plc with effect from 31st October 2022.
Magunda who until his resignation served as the Managing Director/Chief Executive Officer of the Company, was appointed to the Board of Guinness Nigeria Plc in July 2018.
Mr. John Musunga, is the current Managing Director, Kenya Breweries Limited, a subsidiary of EABL,
He previously held leadership roles across Commercial, Sales and Marketing positions in GlaxoSmithKline Plc within Sub-Saharan Africa, South Asia, and Eastern Europe. Mr. Musunga joined Diageo in March 2021.
The Board of Guinness Nigeria thanked Magunda for “his strong and passionate leadership, strategic focus and contribution to the growth and success of the company and wishes him all the best in his future endeavours.”
The Board is also “optimistic that the leadership of the Company would be further strengthened through Mr. Musunga’s invaluable experience and passion in developing strong talent and in driving overall business transformation through sustainable growth and delivery of value to stakeholders.”
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.