Former Nakumatt Chief Marketing Officer Andrew Dixon [Photo/citizen digital]Uchumi supermarket has appointed Andrew Dixon as its chief operating officer (COO) in a move to intensify its revival plans.
Mr Dixon is the former Nakumatt Chief marketing officer having come from UK retailing giant, Tesco.He has over 32 years experience in the retail sector with Uchumi keen to tap his comprehensive knowledge to spearhead its revival.Mr Dixon joins Uchumi at a time it continues to piece together its recovery process having announced it was closing in on completing a stake sale to an undisclosed strategic investor.Uchumi chief executive officer Julius Kipng’etich, in a letter to the Nairobi Securities Exchange (NSE), confirmed the appointment had been approved by the board following a meeting on Monday.“Mr Dixon has extensive experience in the retail sector and the board is confident that his expertise will support the ongoing efforts towards achieving a turnaround in the operations and business of the company,” Mr Kipng’etich said.Uchumi is targeting up to Sh3.5 billion in capital injection from its strategic investor.Since 2015, Uchumi has been implementing a multi faceted turnaround strategy to optimize and put the business on a growth path by cutting operating costs and selling non core assets to stay afloat.