CP-Africa is all for multinationals giving top management spots to Africans to manage in their home countries. Thankfully, though it took quite a while, Coca Cola Nigeria recently named Mr. Kelvin Balogun as the Company’s new Chief Executive Officer for Coca Cola Nigeria effective February 1, 2011. Kelvin, the first Nigerian to occupy the position, succeeds Islay Rhind, who will be retiring from The Coca-Cola Company.
Kelvin began his career in 1989 as a Business Analyst at Accenture in Lagos, and rose to the position of Senior Manager & Head of Strategy Competency. He has an MBA from the Goizueta School of Business at Emory University in Atlanta and a Bachelors degree in Metallurgical & Materials Engineering from Obafemi Awolowo University in Ile-Ife. He is also an alumnus of the Lagos Business School and the Logistics Strategy School at the Cranfield University in the UK.
The new CEO joined the company in October 1999 as Strategic Planning & Business Development Manager. In February 2002 he moved to East Africa where he held positions of increasing responsibility in Kenya, Tanzania and the Horn of Africa before assuming the role of Strategy Director for the Coca-Cola East & Central Africa Business Unit in May 2008 with responsibility for strategy development across 27 countries. Kelvin’s last role in East Africa was that of General Manager for the East Africa & Mozambique Franchise, leading Coca-Cola’s operations and market development in Ethiopia, Uganda, Tanzania, Kenya and Mozambique.
Congratulations to Mr. Balogun! We hope other multinationals who haven’t transferred management to home country nationals follow suite.
Thanks to @TamunoD for the news tip!
Bio via Thisday
Image via NEXT