Thiagarajan Ramamurthy, the Group Managing Director at Bidco Africa has voluntary retired. Bidco’s executive chairman Vimal Shah, in a statement that TRM had voluntary retired as the group CEO and from the board.
“On behalf of the Bidco family and the board, I would like to thank Thiagarajan Ramamurthy (TRM) for his valued leadership and significant contributions in the last two years as we announce his retirement from the Board of Directors of Bidco upon attaining the retirement age of 70 and we also accept his voluntary retirement as the Group CEO of Bidco Africa Ltd,” said Mr Shah in the statement.
“Going forward, we will continue with the process of reforming our organisation designs and structures to be world-class in line with our strategy to transform Bidco Africa into a dynamic and responsive organisation made of fully empowered teams,” he said.
Bidco Africa, which is one of the leading consumer goods manufacturers vision 2030 plan is to become the Number One African FMCG Conglomerate with a presence in Eastern, Central and South Africa, North Africa and West Africa.
Currently, their products serve over 17 African nations.
“Going forward, we shall continue with the process of reforming our organisation designs and structures to be world-class in line with our strategy o transform Bidco Africa into a dynamic and responsive organisation made of fully empowered teams,” said Shah.
TRM was appointed in April 2017
