Coca Cola Appoints New Managing Director

Coca-Cola Nigeria Limited has appointment Adeola Adetunji as the company's new Managing Director replacing Kelvin Balogun who was inducted to the position of President of Coca-Cola Central, East and West Africa (CEWA) Business Unit.

In a release by the Public Affairs and Communications Manager of Coca Cola, Clem Ugorji, Adetunji is expected to effectively act as the MD of the company January 1, 2013.

Adetunji currently the General Manager for Manufacturing and Trading Services, and also serves as the Managing Director for Waveside (Pty.) Limited, a wholly owned subsidiary of the Coca-Cola Company in South Africa. He has served successfully in varied roles of increasing responsibility, spanning finance, marketing and operations. He joined the company in Atlanta in 1993 and was appointed as the South Africa Division Accounting Manager in 1996.

He led the Coca-Cola business in East Africa to record growth between 2003 and 2005 and was central in stabilising the business in Southern Africa between 2005 and 2007, before moving to bottling operations in July 2008 as the East and North Africa Operations Director for Coca-Cola Sabco, the anchor bottler for Coca-Cola Company in Africa.

Adetunji is a Fellow Chartered Accountant and holds a B.Sc. degree in Economics from the University of Ife, and a MBA in Finance and Strategic Planning from the University of Pittsburg, Pennsylvania, USA.