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Reliance Infrastructure appoints M S Mehta as new CEO
Written by Global Cement staff
09 July 2014
India: Reliance Infrastructure Ltd (R-Infra), part of Reliance Group, has named M S Mehta as chief executive officer (CEO) with effect from 7 July 2014. He will take over as CEO from Lalit Jalan, who held the portfolio for more than seven years.
Mehta was the Group CEO of Vedanta Resources Plc until recently, having held the position for five years. Prior to that, Mehta was the CEO of Hindustan Zinc Ltd. Mehta is a mechanical engineer and an MBA from the Indian Institute of Management, Ahmedabad.
R-Infra is an infrastructure company developing projects, through various special purpose vehicles, in sectors such as roads, metro rail and cement. R-Infra also promoted Jalan as director (corporate strategy and affairs), saying that Jalan will steer future growth initiatives.
Dirk Hoke appointed CEO of Siemens Large Drives Business Unit
Written by Global Cement staff
02 July 2014
Germany: Dirk Hoke took over as CEO of the Large Drives Business Unit of the Siemens Drive Technologies Division on 1 July 2014. Large Drives develops, manufactures and markets products, systems, solutions and services for drive engineering in industrial and infrastructure applications as well as sectors such as marine engineering, mining, cement, pulp and paper.
Hoke, a 45 year-old graduate engineer, joined Siemens in 1996 and started his career at the Transportation Systems Division. Subsequently Hoke held management posts in rail electrification, traction technology, and power supplies at Siemens locations in Germany and other countries. After serving for several years as CEO of Siemens' Cluster Africa and Siemens Morocco, in 2011 he took over leadership of the Industry Solutions Division before being appointed to head the Siemens Division Customer Services in October 2011.
UltraTech Cement announces resignation of director
Written by Global Cement staff
02 July 2014
India: UltraTech Cement has announced that M Damodaran, the company's Independent Director, has resigned from the board with effect from 20 June 2014. Damodaran has cited increasing work load and time commitments as well as the need to reduce his board level engagements as the reasons for stepping down.
Bamburi Cement appoints separate CEOs for Kenya and Uganda
Written by Global Cement staff
25 June 2014
Kenya/Uganda: Bamburi Cement intends to appoint Bruno Pescheux, the country CEO for Syria, as the CEO of Bamburi Kenya and Daniel Pettersson, the general manager of Hima Cement, as the CEO of Bamburi Uganda. At present the Lafarge subsidiary is run as one unit. The Kenyan business has three subsidiaries - Bamburi Cement, Bamburi Special Products and Lafarge Eco Systems while the Ugandan unit is managed as Hima Cement.
"With a view to improving focus on our markets it has been decided that, starting on 21 July 2014, the Kenya-Uganda cluster will be managed as two separate country organisations each with a country CEO and executive team," said outgoing Bamburi chief executive Hussein Mansi in a staff memo. Pescheux and Pettersson will report to Tom Farrell, group executive vice president.
Bamburi CEO Hussein Mansi to leave in July 2014
Written by Global Cement staff
18 June 2014
Kenya: Bamburi Cement chief executive Hussein Mansi is set to leave in July 2014. Mansi is relocating to Lafarge Egypt, ending his five-and-a-half year tenure overseeing Bamburi's operations in Kenya and Uganda. In an internal memo sent to staff, Mansi said he will be replaced by Bruno Pescheux, currently the chief executive of Lafarge Cement Syria.
"After five very interesting years leading the Kenya – Uganda business I have accepted a new challenge with Lafarge in Egypt and will be doing so by the end of July 2014," said Mansi.
Mansi, aged 47, holds a post-graduate certificate of Business Administration from the University of Leicester and a bachelor's degree in civil engineering from the University of Cairo. He began his career in 1991 at Saudi Building Systems as a design engineer and later as the sales manager before joining Orascom Construction Industries as works director in charge of sales and marketing.
Mansi joined Bamburi Cement in January 2009 from Algerian Cement Company (ACC), wholly owned by Orascom, where he was the commercial director for five years until December 2008. Orascom was acquired by Lafarge in 2007 leading to Mansi's promotion to head the French multinational's business in East Africa.