Holcim Philippines names new CEO

Holcim Philippines Inc has announced the appointment of Filipino executive Eduardo Sahagun as its new chief executive officer, effective 1 January 2013.

The current president, Magdaleno Albarracin Jr. and expatriate chief operating officer Roland van Wijnen will step down on 31 December and 31 January 2013, respectively.  

“There is no doubt that Ed is the right man to lead Holcim Philippines at this time …  (he) has certainly contributed much towards helping shape Holcim Philippines to become the strong company it is today,” said Van Wijnen in a statement.

 Sahagun brings with him 33 years of experience in the cement industry, holding a number of positions in audit, treasury and controlling in the PHINMA Group before he was appointed chief finance officer for Holcim Philippines in 2002.