New GZI chairman Simon Jennings comments: Tom is a perceptive and focused business leader who has enjoyed immense professional success.
Jennings thanked retiring CEO Motti Goldmintz for creating and building GZI to what it is today.
His experience spans time at GZI in a directors role and many years in senior roles at Rexam PLC and other major packaging groups.
In 2013, Jennings became the independent non-executive director of GZI, following which he was appointed to vice chairman in October 2014.
GZI is committed to its strategy of becoming sub-Saharan Africas largest packaging solution provider to the beverage industry, says Motti Goldmintz, CEO of GZI.
Goldmintz explains that, upon completion of the plant, GZI will have the capacity to manufacture in excess of 3.
Kishor Chhita, CEO of Golden Era concludes: Our collaboration with GZI enables us to grow our South African operations and offer a more comprehensive range of packaging solutions to our customers, whilst leveraging the skills and footprint of one of Africas leading beverage can manufacturers.
GZIs West and East African footprint combined with Golden Eras Southern African presence, will ensure that both parties are well positioned to service sub-Saharan customers with their packaging requirements.
is owned and controlled by the Zamboanga-based Lim family which currently operates Southway Square Mall.
GZI has about 200 employees, in addition to Nigerian and emigrant employees.
From its initial production plant in Nigeria, GZI has followed a very profitable growth path, and established itself as an integral member of Nigeria s beverage sector.
The partnership with SCPE and Ashmore validates the first phase of our strategy, and will strengthen our ability to achieve GZI s longer-term strategic aims.