CORPORATE NEWS: NEW MD FOR NESTLÉ NIGERIA AND VICE CHAIR FOR GUINNESS NIGERIA.

NEW CEO FOR NESTLÉ NIGERIA

Following the resignation of Mr Dhamesh Gordhon as managing director of Nestle Nigeria with effect from October 1, Mr Mauricio Alarcon has been appointed as the new CEO.

Gordhon resigned because he was transfered to Nestlé Indonesia.

The new CEO, Alarcon, is a turnaround expert of sorts especially after years of serving the group in different countries rescuing ice cream subsidiaries.

He joined Nestle in 1999 subsequently performing sales and marketing functions in Mexico before being sent to Switzerland as strategic advisor.

In 2010, he was appointed marketing manager for ice cream business in Australia before helping to transform ice cream operations in Egypt where he played key role in transforming the business by doubling turnover and profitability.

2014 saw him also in another turnaround role in Cote'd voire before being put in charge of Nestle Atlantic cluster of interests in Cote d 'voire, Senegal, Guinea, Mauritius and Cape Verde .

GUINNESS NIGERIA NEW VICE CHAIR

Mr John O'Keeffe , president of Diageo Africa, has been elected as vice chairman of Guinness Nigeria PLC with effect from September 19 2016.

According to notification signed by company secretary, Rotimi Odusola, this followed the resignation of Mr Nick Blazquez from the position on the board with effect from July 4 2016.

Until his election,O'Keeffe was non executive director of Guinness Nigeria PLC.

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