Displaying items by tag: Appointment
New CEO for Raysut Cement
29 November 2017Oman: Raysut Cement has appointed Joey Ghose as its new CEO, effective 1 December 2017. Ahmed bin Yousuf bin Alawi Al Ibrahim, the chairman of Raysut Cement’s board, said in a statement to the Muscat bourse that Ghose has extensive experience of managing cement industry companies.
New Director General for Holcim Azerbaijan
29 November 2017Azerbaijan: Frederic Guimbal was appointed director general of Holcim Azerbaijan OJSC. Guimbal took up his duties in October, replaced Rossen Papazov in this post. Prior to this role, Guimbal served as CEO of Holcim India.
Switzerland: Géraldine Picaud has been appointed as the Chief Financial Officer (CFO) of LafargeHolcim and member of the Executive Committee with effect from 1 February 2018. She succeeds Ron Wirahadiraksa, who is described as leaving the company for ‘opportunities outside the group.’ He leaves after less than two years in the role.
Picaud, a French national, joins the group from Essilor International, an ophthalmic optics company, where she has been Group CFO and member of the Executive Committee since 2011. Prior to joining Essilor, she spent four years working for the ED&F Man group in Winterthur, Switzerland following 13 years as CFO at international specialty chemicals group, Safic Alcan. She originally trained as an auditor.
Dominican Republic: Colombian cement producer Cementos Argos has announced the appointment of Gary Manuel de la Rosa as its new Director General in the Dominican Republic. Previously, de la Rosa acted as a director of the industrial business unit at Cementos Argos in the Caribbean and Central American region.
Brian Egan appointed to board of Dangote Cement
09 August 2017Nigeria: Brian Egan has been appointed as an executive director to the board of Dangote Cement. Currently the company’s Chief Financial Officer, he has worked for the cement producer since 2014. Previous to this he worked as the executive director and chief financial officer of Petropavlovsk and of Aricom. He has also held senior finance positions at Gloria Jeans Corporation, Georgia – Pacific Ireland and Coca-Cola HBC-Russia. He trained with KPMG and is a member of the Institute of Chartered Accountants in Ireland.
India: The Cement Manufacturers' Association (CMA) has elected Mahendra Singhi, the group chief executive officer (CEO) and director of Dalmia Cement (Bharat), as its new vice president. Singhi has previously served as president of the Rajasthan Manufacturers Association. He is a science and law graduate by training and also a chartered accountant.
Spain: Sergio Martínez Hernández has been appointed as the new director of LafargeHolcim’s Carboneras cement plant in Almería. Martínez Hernández holds over 24 years of experience in the cement industry, according to Teleprensa. He joined Holcim in 1993 after training as an engineer at the Escuela Técnica Superior de Ingenieros Industriales (ETSII) in Madrid. During his career he has worked at plants in Gádor in Almería, Yepes in Toledo and Portland in Colorado, USA.
India: Shri C Madhusudana Rao has resigned as a director and a committee member of Kakatiya Cement Sugar & Industries on personal grounds. His departure took effect on 24 July 2017.
Castle to step down as PPC’s CEO
24 July 2017South Africa: PPC has announced that its CEO Darryll Castle will be stepping down to pursue other interests. In a statement PPC said that Castle will remain ‘available’ to the group for six months to ensure a smooth handover. Johan Claassen, the current managing director of PPC, has been appointed as the interim CEO.
PPC reported a 93% fall in full-year earnings in June 2017 due to a liquidity crisis precipitated by the cut in its credit rating to junk status.
Meanwhile, the resignation of Tito Mboweni, one of PPC’s independent non-executive directors has fuelled speculation in the South African press about the ongoing merger discussions between PPC and Afrisam. Some believe that there may be ‘irreconcilable disagreement’ between Mboweni and the wider board about the strategic direction of PPC with respect to Afrisam.
Germany: Michael Brachthäuser has been appointed as the head of Beumer Group’s cement division. The 61-year old was appointed to the role in October 2016. Prior to joining Beumer he worked as the sales manager for a plant engineering company in the cement and ore industry, for an international power plant builder and a supplier of equipment and services for the cement industry.