Nik Jhangiani Archives – CEO East Africa

Diageo to Exit East African Breweries as Asahi Takes Control

CEO East Africa MagazineThe Big StoryDecember 17, 2025December 17, 2025

Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of…

Diageo Considers EABL Sale Amid Exit From African Beer Markets

CEO ReporterThe Big StoryJuly 29, 2025July 29, 2025

Bloomberg has reported that British multinational Diageo has appointed Bank of America and Goldman Sachs to oversee a review of its 65% stake in East African Breweries Limited (EABL). The…

Diageo CEO Debra Crew Steps Down, CFO Nik Jhangiani Named Interim Chief Executive

Paul MurungiC-Suite Leadership The Big StoryJuly 16, 2025July 17, 2025

In a surprise move, global beverage giant Diageo plc has announced the immediate departure of its Chief Executive Officer, Debra Crew, two years after officially taking the helm. The decision,…

Is EABL Next on the Market as Diageo Steadily Exits Africa?

CEO East Africa MagazineEast Africa News & Analysis The Big StoryMay 22, 2025May 22, 2025

East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…