Dive Brief:
- SABMiller and Coca-Cola are giving the CEO title of Coca-Cola Beverages Africa to Hüseyin M. Akin, to start following "requisite regulatory approvals" "after its establishment," according to Reuters.
- "This is a very exciting opportunity to lead the world's newest Coca-Cola bottler," Akin said, who right now is Anadolu Efes's Beverage Group's Deputy CEO. The position is reported to start March 1.
- "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 Coca-Cola Beverages Africa's chairman-elect, Phil Gutsche.
Dive Insight:
This move further propels what we noted in early December regarding Africa's bottling industry.