Nestlé Nigeria Plc has appointed Wassim Elhusseini as its new managing director.
Mr Elhusseini takes over from Mauricio Alarcon who has been appointed as the market head of Nestlé Central and West Africa Region comprising 25 countries with head office in Ghana.
The appointments which will take effect from September 1 were announced in a statement on Wednesday by the company’s spokesperson Victoria Uwadoka.
“Notwithstanding this new appointment, Alarcon will remain on the Board of Nestlé Nigeria Plc as a Non-Executive Director,” the statement read.
“The Board expresses its appreciation of Alarcon’s outstanding achievements in all ramifications since he was appointed as the Managing Director of the Company in October 2016 and is pleased that the Company will continue to benefit from his experience.
“Mr Wassim Elhusseini currently the Country Manager and Sales Director of Nestlé Middle East & North Africa (MENA).
“Elhusseini joined Nestlé Kuwait in 2002 as Channel Category Sales Development (CCSD) Manager for Coffee & Creamers. In 2015, he moved to Nestlé Middle East to lead the CCSD Unit.
“Appointed Sales Director of Nestlé Middle East in 2016, Elhusseini positively contributed to the business from a functional and leadership perspective.”
The statement further said Elhusseini “played an integral role in the creation of the new Middle East and North Africa region, comprising 16 countries, before his role was expanded to Country Manager and Sales Director in 2020.”
The company said it had notified its shareholders, the Nigerian Stock Exchange and the investing public of the appointments.