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Home BUSINESS

UBL boss Ocitti leaves after three years at the helm

JAVIRA SSEBWAMI | PML Daily Staff WriterbyJAVIRA SSEBWAMI | PML Daily Staff Writer
July 8, 2019
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Uganda Breweries Limited Managing Director, Mr. Mark Ocitti P’Ongom, hosted top CEOs and key stakeholders recently. (PHOTO/File)

LUZIRA – Uganda Breweries’ Managing Director, Mark Ocitti who was the second Ugandan to the lead the Luzira-based company since its take-over by Diageo has left after three years at the helm.

According to a press statement released over the weekend which reveals that Mr. Ociiti is destined for neighbouring Tanzania to head Serengeti Breweries Limited, another Diageo subsidiary.

According to the press statement released this month, Uganda Breweries Limited is also celebrating 73 years of its existence.

“I am happy to say that I have played my part and a positive part in the last three years. My three years have been exciting, challenging and fulfilling,” Mr. Ocitti said in the statement.

Further adding that, in the past three years, the company has grown in both revenue and market share subjected by the repositioning of Uganda Waragi and other flavors that brought in new consumers into space.

The said innovations have driven the company even further; including the UGX20 billion plant and the UGX 13billion investment that was injected into the glass bottling line.

Mr. Ocitti noted that the company had invested about UGX 2.5 billion in social protection especially in various sectors like in the environment, water, and sanitation plus education.

The brewery recently announced that it had put aside UGX 135billion to invest in a five-year production capacity expansion plan that will see the company’s beer capacity grow by 47 percent.

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