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.