Diageo hoping Ivan will be great

Incoming Diageo CEO Ivan Menezes, the latest Indian-born businessman to head a global multinational, is likely to continue the strategy of his predecessor by focusing on growth in emerging markets, writes John Daly

Ivan Menezes was named this week as the next chief executive of Diageo — the world’s biggest producer of alcoholic drinks and maker of iconic Irish brands Guinness, Bailey and Bushmills and global brands Johnnie Walker and Smirnoff.

Mr Menezes, 54, the current chief operating officer, will replace Paul Walsh as the chief executive on Jul 1.