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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Coca Cola appoints Kapila Welmillage as Country Manager

Coca Cola appoints Kapila Welmillage as Country Manager

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Oct 04, 2012 (LBT) - Coca-Cola Beverages Sri Lanka Limited (CCBSL) recently announced the appointment of Kapila Welmillage as the Country Manager for Sri Lanka, effective 01st October, 2012. Prior to his appointment as Country Manager, Kapila was leading the Supply Chain function; as the Country Supply Chain Manager. In his tenure at CCBSL, he has also worked in the posts of Country Human Resources Manager and Country Sales Manager.

Prior to joining Coca–Cola Sri Lanka in 2003, Kapila worked at Unilevers Sri Lanka as Finance Manager, Operations Manager and Plant Manager. He holds a BSc in Engineering from the University of Moratuwa, MBA from the University of Colombo and Associate Member of the Chartered Institute of Management Accountants UK.

Prior to Kapila Welmillage being appointed to head Country Chair for Sri Lanka Saumindra Bhattacharya held the position.

The move came in to effect after in mid September 2012 it was announced that beverage maker Coca-Cola is on a realignment of operations of its India & South West Asia business, a step that underlines the Atlanta-based beverage giant's focus on India as a long-term strategic growth market. The announcements are in line with the maker of Sprite fizzy drink and Kinely water announcing investments of US $5 billion in India by 2020.

Starting October 1 this year, Coca-Cola India and South West Asia business unit, comprising key markets including India, Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives, is being segregated into two operating regions.

Accordingly India region and South West Asia (SWA) constituting of Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives. The SWA region will also include the juice business. Venkatesh Kini, earlier Vice President - marketing, global juice has been named senior Vice President, India region.

Neeraj Garg, earlier Vice President, franchise leadership to company owned bottling operations has been given charge of the SWA region and juice business. Both will report to Atul Singh, president, Coca-Cola India and South West Asia. "India's role is critical to the company achieving its 2020 Vision," Singh had said in a statement. The moves to name Kini and Garg also pave the way for succession to Singh, who is expected to move into a global role after 12-18 months.

Coca-Cola has been growing for the last 24 quarters and India market is now among the US firm's top seven markets
http://lbt.lk/news/business/2747-new-head

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