SAB Miller and Coca Cola appoint Coca Cola Africa's new CEO
Brewing and beverage group SABMiller, soft drink giant The Coca-Cola Company and Gutsche Family Investments have named Hüseyin M. Akin as chief executive officer designate of Coca-Cola Beverages Africa.
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Akin, will step into his new role from 1 March, the company said.
"We are extremely pleased that Coca-Cola Beverages Africa will benefit from Hüseyin's strength of leadership, experience and expertise, gained from over 25 years in the Coca-Cola system,” said Phil Gutsche, chairman-elect of Coca-Cola Beverages Africa.
“I have every confidence that Hüseyin will add significant value in ensuring this new African bottler achieves its tremendous growth potential."
The newly formed company is expected to serve 12 high-growth countries in Southern and East Africa and account for approximately 40% of all Coca-Cola beverage volumes in Africa.
"This is a very exciting opportunity to lead the world's newest Coca-Cola bottler. As the continent's largest bottler, Coca-Cola Beverages Africa has a generations-long growth opportunity ahead of it,” Akin said.
“The next few years will be critical as we merge and integrate the new business, in readiness to deliver its full potential."