Cigarette manufacturer British American Tobacco (BAT) has named Crispin Achola as the firm’s new Managing Director effective January 1, 2021.
Mr. Achola will take over from Beverley Spencer who is set to conclude her tenure at the company on December 31, 2020, when her resignation notice expires.
According to BAT’s company secretary Kathryne Maundu, Ms. Spencer will continue being a part of the company in an advisory role to ensure a smooth transition.
“The Board would like to thank Beverley for her significant contribution to BAT Kenya. During the last 4 years, Beverley transformed the business from a portfolio, value, and people perspective. She leaves a legacy of energizing and inclusive leadership and has collaborated extensively with external stakeholders, putting BAT Kenya on the manufacturing and top employer map,” Ms. Maundu wrote in a notice on behalf of BAT’s Board of Directors.
Prior to his appointment, Mr. Achola worked as the General Manager for West, East and Central Africa at American multinational personal care firm Kimberley-Clark Corporation.
Before this, Mr. Achola plied his trade at the cigarette manufacturer where he worked between 1999 and 2017.
During his stint at BAT, Mr. Achola served as managing director in Mozambique, cluster general manager Mozambique, Zambia, Zimbabwe, and Malawi, and managing director Sudan.
“The wealth of experience and commercial acumen that Achola has gained from working across numerous jurisdictions in Africa will be of immense value to BAT Kenya,” Ms. Maunda said in the company notice.
In the first six months of the year, BAT recorded a net profit of Ksh. 2.7 billion up from Ksh. 2.5 billion recorded in a similar period in 2019, despite a tough economic environment hammered by the coronavirus pandemic.
BAT’s unaudited financial results of its gross revenue however dropped by 13.6 percent to hit Ksh.16.6 billion from Ksh. 19.2 billion it had registered in the first six months of 2019.
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