The Coca-Cola Company has appointed Mr Alfred Olajide as the new Vice President and Managing Director to oversee its Nigeria Operations.
The appointment comes on the heels of a recent reorganisation of the company’s global leadership structure.
Olajide has served the company 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.
It would be recalled that in August 2020, The Coca-Cola Company announced a global restructuring aimed at furthering the leading beverage company’s aspiration to emerge stronger amidst a fast-changing global business environment.
The new structure sees its erstwhile 17 Business Units compressed into 9 Operating Units focused on strategic local and regional business objectives supported by the company’s newly created Platform Services.
Announcing the change in structure, the company’s Chairman and CEO, Mr James Quincey, noted that the changes in the company’s operating model will shift marketing to drive more growth and put execution closer to customers and consumers while prioritizing a portfolio of strong brands.’
Commenting on his appointment as VP, Operations and Managing Director of the Coca-Cola business in Nigeria, Olajide said: “These are very exciting times for the global Coca-Cola business, and I look forward to contributing my own quota to a business I love so much, especially at such an interesting time as this. Nigeria is a huge market, and I am optimistic about the growth we can achieve together with our bottling partners.”
Olajide replaces Mr Yebeltal Getachew whose tenure ended December 31, 2020.