Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

GM appoints key staff to boost growth

NAIROBI, Kenya Feb 15- General Motors has announced two key appointments which it expects to help to strengthen growth opportunities across the region.

Rita Kavashe has been appointed Exports Director while Carolyne Matara will be General Counsel for GM’s Sub-Saharan Africa Region.  They will both be based at the company’s manufacturing operations in Nairobi, and will assume overall responsibility for their respective functions in the region.

Ms Kavashe previously headed up the sales and marketing department at GM East Africa for five years, while Ms Matara was previously GM East Africa’s Legal Counsel and both bring great experience to the new GM Sub Sahara operation.

GM Sub-Saharan President and Managing Director Edgar Lourencon said the appointments were testament to the importance the company attaches to growing its business in the region.

“We see Africa as the next frontier of growth.  There is so much potential on this resource rich continent and it is important that we are laying a solid foundation so that we are ready to participate in the future growth,” Mr Lourencon said.

GM’s Sub-Saharan region extends to over 40 countries with its biggest markets located in South Africa, Kenya, Angola, Nigeria, Ghana and Senegal.  Its key brands include Chevrolet, Isuzu and Opel.

According to Mr Lourencon, GM’s sales in Africa grew by about 10 percent in 2010 to around 165,000 vehicles, giving the firm approximately 13 percent share of the market.

“By strengthening our position in Sub-Saharan Africa, and especially in East Africa, we are ensuring that we can more aggressively grow our volumes,” he said.

Last year GM East Africa became the market leader in Kenya for the first time in 35 years when it achieved record sales of 3,017 vehicles, achieving a record market share of 24.25 percent.
 

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...