Guinness Nigeria, a subsidiary of Diageo, has appointed John Musunga, currently managing director at Kenya Breweries, as Chief Executive Officer, effective 1st November 2022.
Musunga has been serving as KBL Managing Director since December 2020 and will replace Mr Baker Magunda who is retiring after over twenty-three years, and consequent resignation from his role as Managing Director and member of the Board of the company.
In the statement, the Board said Magunda would be celebrated and remembered for leading the remarkable return to profitability for Guinness Nigeria in a very challenging covid-era during his time as Chief Executive Officer.
Mr. John Musunga joined Diageo’s East African Breweries Limited (which Kenya Breweries is a part of) in March 2021 from a leadership career at GlaxoSmithKline (GSK), where he was the Vaccines Market Leader with GSK’s Global Vaccines Category and had business responsibilities for Sub-Saharan Africa, South Asia, and Eastern Europe.
He has over twenty-five years of experience in senior local, regional and global roles including Managing Director and General Manager of GSK’s Kenya and East Africa Business as well as the Head of Supranationals for GSK Global Vaccines.
We are pleased to announce that our Managing Director, Mr. @JohnMusunga, has been appointed MD and CEO of @GuinnessNGR PLC, a Diageo subsidiary, with effect from 1st November 2022. pic.twitter.com/JgCbtgypjA
— Kenya Breweries Ltd (@KenyaBreweries) September 27, 2022
Speaking on behalf of the Board of Guinness Nigeria, Board Chair, Dr Omobola Johnson thanked Mr. Magunda for his service, his strong and passionate leadership, strategic focus and contribution to the growth and success of the company.
“Baker is an inspiring leader and will be missed by us all. We wish him all the best in his future endeavours.” She said.
Dr Johnson also assured stakeholders of the incoming Managing Director’s leadership capabilities.
“The Board is optimistic that the leadership of the Company would be further strengthened through Mr Musunga’s invaluable experience and passion in developing strong talent and in driving overall business transformation through sustainable growth and delivery of stakeholder value,” She added.
