Frederic Guimbal appointed CEO of Holcim Azerbaijan OJSC

Frederic Guimbal has been appointed CEO of Holcim Azerbaijan OJSC, according to the company’s website.

Mr Guimbal replaces Rossen Papazov in this role, effective from the start of October 2017. Frederic Guimbal previously worked as the managing director of Holcim India.

Holcim Azerbaijan has approximately 40 per cent of the cement market share in the country, according to Trend News Agency.