Bacardi names new Asia Pacific regional president

Bacardi Limited, the largest privately-held spirits company in the world, has announced the appointment of Siddik Tetík as regional president of Asia Pacific.

Based in Hong Kong, Tetík will manage the execution of the overall commercial strategy for the Asia Pacific region, as well as the general management of the business comprising 19 countries including Australia, New Zealand, Greater China, India, and countries within North and South East Asia.

Tetík will also be a member of the Bacardi Leadership Team. The appointment takes effect September 3.

The 53-year-old brings more than 25 years of consumer goods experience having worked for the likes of Gillette and Procter & Gamble (P&G).

“Siddik is an outstanding leader and developer of people. His focus on the consumer experience and customer relationships in the diverse Asia Pacific region will further strengthen our position in delivering superior products

for great-tasting cocktails,” said Ed Shirley, president and CEO of family-owned Bacardi. “His success in Asia is complemented by strong emerging markets experience in the Middle East, Turkey, the Balkans and Mediterranean markets. This will be of tremendous value as we look to create a step-change in our presence and growth in this critically important and strategic region.”

“Asia Pacific continues to offer tremendous growth opportunities and Bacardi is ready to capture the full potential the region has to offer,” said Tetík.

“I am confident my drive for results, passion for the consumer and customer, and knowledge of the region will help strengthen the iconic brands within the Bacardi portfolio across key Asia Pacific markets and continue to reach new consumers with new categories and ways to enjoy premium spirits.”

Tetík succeeds Harold Dyrvik who is retiring after more than seven years leading the commercial operations of Bacardi in Asia Pacific. As part of his planned retirement, Dyrvik will continue through the end of the calendar year, reporting to Shirley on special assignment, to ensure a smooth transition.