Who is ivan menezes

The targets we have set ourselves are stretch targets and we are making progress — for example, between and , we reduced the amount of water required to produce a liter of product from 7.

And this is a continuous process — we aim to have of our key suppliers and third-party operators disclose their water management practices. After disposing of your non-core assets, Diageo is much more focused on spirits. What role does beer play in your strategy? We define ourselves as a premium drinks business and Guinness is a core part of that. We see a lot of growth for beer in Africa, and as its economies grow, we are seeing more consumption of premium beer there.

We are market leaders in Kenya but we also see amazing opportunities in Ethiopia, Ghana, Nigeria and Tanzania. And our strength in beer will help us as we build our spirits strategy. Looking ahead for the next 10 years, Africa is a very important market for Diageo. There have been a lot of mergers and acquisitions in the drinks sector in the past few years. What is driving that trend? Because it takes a long time to build a truly global brand in this business, you have to be patient, have a good strategy and be prepared for a lot of money, a lot of advocacy and a lot of shoe leather — the founder of Bulleit Bourbon, which we acquired in , started out selling his product bar to bar.

So that means companies in this industry will always be looking for opportunities. There are opportunities on the spirits side, which is more fragmented, with many family businesses. Our aim is to keep raising our level of execution so we become the best performing, most trusted and respected company in the consumer products world. ConsumerCurrents provides senior executives and consumer companies insights on topical industry issues, global trends and business planning.

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Top Fundamentals. Top Technicals. Top Movers. Investment selections. Technical Rankings. Fundamental Rankings. Stock Screener Home. MarketScreener tools. Dynamic chart. Our Services. MarketScreener Portfolios. Ivan Menezes. Ivan M. Menezes is also on the board of Tapestry, Inc.