East African Breweries Boss Resigns

East African Breweries’ (EABL) managing director Devlin Hainsworth is set to resign from the company at the end of next month, eight months after he was appointed to head the regional brewer.

EABL said in a statement sent to the Capital Markets Authority (CMA) and the Nairobi Securities Exchange (NSE) on Friday that Mr Hainsworth will be replaced by Charles Ireland from April 1.

Mr Ireland has been the managing director of Guiness Anchor Berhad, a joint venture between Diageo—EABL’s majority owner—and Asia Pacific Breweries, Malaysia’s third largest consumer goods business which is listed on the Malaysian Stock Exchange.

“Mr Devlin Hainsworth will be leaving the position of group managing director of EABL effective March 31 in order to pursue other interests outside EABL and Diageo,” said EABL in the statement.

NMG

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