Tag Archives: Baker Magunda

Guinness Nigeria makes transitional change; appoints Magunda as new CEO

Guinness Nigeria announced on Wednesday that CEO Peter Ndegwa will be stepping down to take up a new role within Diageo plc, Guinness Nigeria’s parent company. Baker Magunda, currently Managing Director of Meta Abo Brewery in Ethiopia will take over as the new CEO of Guinness Nigeria, following a period of transition.

Peter has been at Guinness Nigeria for nearly three years and has overseen the recent transformation at the company, including the successful Rights Issue and implementation of the productivity programme, the company said in a statement. Recent Q3 financial performance has shown the improvement that these projects are delivering.