Diageo appoints John Musunga Africa MD ahead of EABL stake sale
NAIROBI, Kenya, June 30 – British beverage maker Diageo has appointed John Musunga as its Managing Director (MD) for Africa, effective July 1, as the company prepares to sell its…..
✨ Key Highlights
British beverage maker Diageo has appointed John Musunga as its Africa MD, effective July 1, coinciding with plans to sell its majority stake in East African Breweries Plc (EABL).
- Diageo is divesting its 65% stake in EABL, a deal valued at approximately Sh300 billion.
- John Musunga, formerly MD for South, West and Central Africa, will lead Diageo's continent-wide operations from Nairobi.
- Japan's Asahi Group Holdings is reportedly the frontrunner to acquire the EABL stake.
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