Cement News tagged under: new appointments

RSS feed

Confidence Cement re-elects managing director

31 December 2018, Published under Cement News

Bangladesh’s  Confidence Cement  Ltd  announced a  35 per cent dividend (15 per cent cash and 20 per cent bonus) for its shareholders for the year  ended 30  June, 2018 .    Furthermore ,  Zahir  Uddin Ahmed was re-elected as managing director of the company for a period of three years with effect from 1 February 2018. Rupam Kishor  Barua  and Salman Karim, directors who retire by rotation, were also re-elected. 

Mario Gross steps down as CEO of Lafarge Malaysia

20 November 2018, Published under Cement News

Mario Gross of Lafarge Malaysia stepped down from his role as president and CEO of the company on Friday, after seven months in the position. Mr Gross has been assigned to a new role in the LafargeHolcim group but will also continue as a non-independent non-executive director from 16 November to 31 December this year to facilitate the transition. "During his tenure here, Gross laid the groundwork for the business turnaround plan, putting in place an experienced leadership team and strengt...

Holcim Philippines appoints John Stull as CEO

24 April 2018, Published under Cement News

Holcim Philippines has appointed John Stull, the former chief of LafargeHolcim’s US cement operations, as its new president and CEO with immediate effect. Mr Stull will be replacing Sapna Sood, who recently resigned from her role, according to the company. "I am delighted to join Holcim Philippines at this exciting but challenging time. As the market adapts and becomes faster paced, the company needs to be well positioned to play a key role in the future development of the country with in...

Lafarge Africa records sales increase in 2017

11 April 2018, Published under Cement News

A NGN33bn (US$105m) write-down on Lafarge Africa’s operations in South Africa and Nigeria resulted in a wider loss for 2017, according to Reuters. The one-off impairment charge resulted in a pretax loss of NGN34.03bn, a 32.9 per cent fall from the loss of the previous year. However, the company’s chief financial officer, Bruno Bayet, said that he expected 2018 to bring growth and that Lafarge Africa’s sales rose 36 per cent last year. "The operations in Nigeria are still very robust and w...

CEO of Shanshui Cement Group resigns

20 March 2018, Published under Cement News

China’s Shanshui Cement Group has announced that its CEO and executive director, Li Heping, has resigned with immediate effect. Elsewhere, Liu Yiu Keung has stepped down from his role as chairman of the board and executive director of the company. Li Zhiqiang has also resigned from his position as vice chairman of the board and executive director. Following this, Li Liufa has been appointed as the chairman of the board and an executive director of Shanshui Cement.

PPC makes several changes to its board

06 March 2018, Published under Cement News

PPC has announced that Jabu Moleketi has been appointed as chairperson, with immediate effect. Mr Moleketi replaces Peter Nelson who, along with non-executive directors Sydney Mhlarhi and Dawn Earp, resigned on Friday. The departure of Mr Nelson follows allegations that Prudential Investment Managers South Africa, one of PPC’s largest shareholders, had sent a formal request for his removal, according to the Business Report. Noluvuyo Mkhondo, an investment banking and corporate finance ...

PPC makes three new appointments

15 February 2018, Published under Cement News

PPC has appointed its current interim Chief Executive, Johan Claassen as CEO and an executive director of the group with immediate effect. "Since his appointment as interim CEO Johan has overseen a number of important milestones including the successful stabilisation of the business, an improvement in efficiencies following the completion of key projects and the strengthening of PPC's financial position," said Peter Nelson, chairperson of PPC. Elsewhere, Njombo Lekula has accepted the...

Bamburi Cement makes new appointments

13 February 2018, Published under Cement News

Seddiq Hassani has been appointed as the managing director of Bamburi Cement, Kenya. Mr Hassani made the move from LafargeHolcim Middle East and Africa, where he was the Head of Growth and Innovation. Mr Hassani will replace Eric Kironde who has been the acting MD for the last four months, reports The Star. "We are confident that with his strong and wide experience in operational and functional positions and more specifically in leading transformation and managing growth strategies at bot...

LafargeHolcim to change management structure

15 December 2017, Published under Cement News

LafargeHolcim has announced that its 30 largest country organisations will now report to its Executive Committee and that its global business functions will be merged under one leadership, to create a more agile management system. Therefore the Executive Committee at the company will be reduced to nine members, resulting in several new appointments. The appointments will become effective from 1 January 2018. Europe Marcel Cobuz will become Head Region Europe and a member of the Executiv...

Cemex new management in CLH and Colombia

06 October 2016, Published under Cement News

Cemex Latam Holdings has made senior level organisational changes at both CLH and Cemex Colombia. The following changes have been made and are effective immediately: Juan Pablo San Agustin: appointed chairman of the Board of Directors of CLH, will remain executive vice President of Strategic Planning and New Business Development of Cemex and is a member of Cemex’s executive committee. Jaime Muguiro Domínguez: confirmed as CEO of CLH, will remain President of Cemex South, Central Am...