Magunda Replaces Ndegwa as MD/CEO of Guinness Nigeria

By Dipo Olowookere

The board of Guinness Nigeria Plc has announced the appointment of Mr Baker Magunda as its new Managing Director/Chief Executive Officer.

In a statement signed by the Legal Director/Company Secretary of Guinness Nigeria, Rotimi Odusola, it was disclosed that the new MD/CEO is now a member of the board of the brewery giant.

The appointment of Mr Magunda followed the resignation of Mr Peter Ndegwa, who was said to have given notice of his resignation as the chief executive of the company via his letter dated June 30, 2018 and was accepted by the board on the same day.

Business Post reports that the board of Guinness Nigeria Plc approved the appointment of Mr Magunda on August 1, 2018 with effect from July 1, 2018.

Mr Magunda holds a Bachelor of Economics [Honours] from the Makerere University Uganda. He has nearly 20 years’ experience in the consumer goods and alcohol industry and has worked across Africa in Uganda and Kenya as well as Ethiopia and the Sudan.

He joined Diageo in 1999 as Marketing Manager, Uganda Breweries Limited and has held several increased leadership roles, including Managing Director Uganda Breweries Limited, Managing Director Kenya Breweries Limited, and Managing Director Diageo Guinness Cameroon SA.

Mr Magunda joins Guinness Nigeria from Diageo owned Meta Abo Breweries in Ethiopia where he was the Managing Director.