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Chief financial officer steps down from board and leaves FLSmidth
Written by Global Cement staff
29 November 2019
Denmark: FLSmidth’s chief financial officer (CFO) Lars Vestergaard has agreed with the board of directors to resign from the company, effective immediately. FLSmidth has stated as the reason for the change a need for ‘a different set of competences to strengthen our organisation and execute long-term financial targets.’ It thanked Vestergaard for his commitment and dedication in helping FLSmidth achieve milestones in ‘creating a stronger and more focused organisation. FLSmidth Head of Group Reporting and Compliance Naja Barrisøe supersedes Vestergaard as interim CFO until the newly appointed CFO joins the company on or before 1 July 2020.
Fatick Hussain Al Balushi appointed as chief financial officer of Oman Cement
Written by Global Cement staff
27 November 2019
Oman: Oman Cement Company has appointed Fatick Hussain Al Balushi as its chief financial officer (CFO). Fatick holds over 15 years of experience in the oil and gas and petrochemical industries. He worked for the Oman Oil Company and its subsidiary, the Salalah Methanol Company, in a variety of roles including financing manager for the ammonia project, head of finance and information technology (IT) and finance director. He is an alumni of the Sultan Qaboos University in Oman and the University of Leicester in the UK.
Khandakar Ataur Rahman Rifat appointed chief marketing officer of Metrocem Cement
Written by Global Cement staff
27 November 2019
Bangladesh: Metrocem Cement has appointed Khandakar Ataur Rahman Rifat appointed as its chief marketing officer. He holds 25 years experience in the cement industry working for Aman Cement, Holcim Cement, Unique Cement, Cemex Cement, Hyundai Cement amongst other companies. He earned a BSS and a MSS from the University of Dhaka, an MBA in marketing from the World University of Bangladesh and a PhD in marketing from the same institution.
Dangote Cement director resigns
Written by Global Cement staff
26 November 2019
Nigeria: Dangote Cement’s non-executive director Fideli Madavo has resigned from his position on the company’s board. Madavo represented the stakeholder Public Investment Corporation (PIC), South Africa’s state pension fund, where he is head of resources and portfolio manager for strategic and African listed investments. The company has not stated a reason for the change.
Edgar Campos Piedra appointed as Group Finance Manager at Trinidad Cement
Written by Global Cement staff
13 November 2019
Trinidad & Tobago: Trinidad Cement has appointed Edgar Campos Piedra as Group Finance Manager. He succeeds Luis Ali Moya. Campos Piedra has been employed with Cemex, the owner of Trinidad Cement, and its subsidiaries for over 14 years in a variety of different positions. Ali Moya has held the position of TCL Group Finance Manager since 2016. He has been promoted to a new role within the Cemex Group.