His appointment followed a reorganisation of The Coca-Cola Company’s global leadership structure.
Director-General and Chief Executive Officer, the Institute of Directors (IoD) Nigeria, Dele Alimi, who was elated about the development, said Nigerians had lost positions as CEOs and MDs of multinationals in the country.
He said Olajide’s appointment was a testimony to the fact that Nigerians are now seen as people who have the right governance structure, knowledge, and reputation to occupy top positions, and urged other multinationals to follow suit by placing more Nigerians on such top positions.
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He added: “We have had situations that after Nigerians leave such positions, we find out that nationalities of other after African countries are brought in to head such positions, which sends a wrong impression, especially when you realise that we have actually quite a number of multinationals that did that at the same time.
Bukola Smith, the Executive Director, Business Development, in First City Monument Bank Limited has been appointed by FSDH Merchant Bank as the new Managing Director and Chief Executive Officer of the Lagos based financial institution.
This information was revealed in a recent post made by Smith, the new MD/CEO of the bank via her official LinkedIn account.
Her appointment will take full effect in mid-April, 2021, as she moves to take over from Hamda Ambah who will retire from the bank with effect from April 27th, 2021, after 28 years of service to the company, including four years and three months as the Managing Director of the Merchant Bank.
Coca-Cola Nigeria appoints new managing director
Mr Olajide replaces Yebeltal Getachew whose tenure ended December 31, 2020.
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Coca-Cola has appointed Alfred Olajide as its new Vice President and Managing Director for its Nigeria operations.
The development followed a reorganisation of Coca-Cola’s global leadership structure.
A statement said on Sunday that Mr Olajide brings several years of experience to bear in his new role, nine of which were at the Coca-Cola Company.
He served in different capacities across the african continent, including Franchise Director for Cluster Markets in the Southern and Eastern Africa Region, Director of Revenue Growth Management in the East and Central Africa Region, and Strategy Head for Nigeria Franchise.