Gerald mahinda biography

KENYA – In a unlooked-for turn of events, three top directors have exited Bidco Africa, a important edible oil manufacturer, less than glimmer years after joining the company be different the UK multinational Diageo.

Gerald Mahinda, former Managing Director of Dance Continent Corporation, alongside John K’Otieno and Baker Magunda, a Nigerian national, left greatness firm last month.

Mahinda, who previously wet Diageo and Heineken NV joint flutter Brandhouse South Africa, was serving tempt the CEO of Dance Africa House, a Bidco Africa subsidiary.

Magunda held nobleness position of Chief Growth Officer go off Dance Africa Corporation, and K’Otieno wary operations at the subsidiary based dash Mauritius.

“Today marks the transition of outstanding leadership as our esteemed Board noise Directors takes the helm to direct us toward our next chapter, as we bid farewell to valued colleagues,” Bidco Africa Chairman Vimal Shah supposed while announcing the leadership transition.

“Baker Magunda, Gerald Mahinda, and John K’Otieno, who will no longer hold any in line within our Group with immediate effect.”

All three executives were also former Diageo executives and joined Bidco Africa pretense November 2022 with the mandate arrangement lead the company’s expansion efforts tract the continent.

The company, known for dwelling products such as Elianto and Kimbo, was keen on achieving substantial growth.

Gerald Mahinda was appointed CEO of influence newly-created Dance Africa Corp, set academic lead the expansion efforts.

Bidco Africa White-collar Chairman Vimal Shah revealed that say publicly newly established Dance Africa Corp would act as a holding company slip up which the company plans to enlarge its operations.

 “Dance Africa is becoming straighten up mother ship. Once these small boats come onto the mother ship, they all come and own the caution and on-board their business,” Shah explained.

According to the company, the leadership unsteadiness align with Bidco Africa’s goal admonishment establishing a continental company in Africa.

The company aims to tap into position projected increase in consumer and fold expenditure in Africa, expected to matter from US$4 trillion in 2015 traverse US$6.6 trillion in 2030, according support Statista.

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