LafargeHolcim made the decision to induct Head of LafargeHolcim India, Martin Kreigner, into the Executive Committee of the group, giving him additional responsibilities in southeast Asia. Mr Kreigner will be based out of Mumbai.
These recent changes to the executive committee reflect the group and its portfolio’s evolution following divestments and integration, LafargeHolcim said in in a statement. The restructuring of operations reveals the growing importance of Indian business.
Lafarge recently sold 11Mta of operations to Nirma for a sum of INR95bn (US$1.4bn), to facilitate the global merger. LafargeHolcim retains a presence in India through ACC and Ambuja Cement.
