People

Nigeria: Onne Van der Weijde, the chief executive officer (CEO) of Dangote Cement, has decided to step down. He will leave the post at the end of 2017 to return to his home country of the Netherlands. He has served three years in the role. Following the departure he will be appointed as a non-executive director with effect from 1 January 2018.

Until a successor is appointed, JO Makoju, Honorary Adviser to the chairman and former managing director of Lafarge WAPCO will be the acting managing director and CEO of Dangote Cement.

China: Huang Ting has been appointed as the chief financial officer (CFO) of China Resources Cement. He succeeds Lau Chung Kwok Robert who departed from the post on 20 October 2017. Lau will remain as an executive director of the company.

Huang, aged 48 years, joined the group in July 2003 and has held various management positions with the company, including financial controller since May 2012, general manager of the finance department in 2011 and 2012 and Deputy General Manager (Guangdong) from 2008 to 2011. He graduated from Xiamen University with a bachelors degree in economics in 1992.

Malaysia: Yeoh Tiong Lay, the founder of YTL Group, has died at the age of 88. Lay started with a construction company in Kuala Selangor in 1955 and the built the company into a conglomerate including cement production, power generation, water and sewerage services, communications, construction contracting, property development and investment, hotel development management and more. He was appointed to the board of directors of YTL Corp in mid-1984 and was appointed as the executive chairman in 1985.

India: ACC has appointed Jan Jenisch as an additional director to its board. Jenisch, a German national, was appointed as the chief executive officer (CEO) of ACC’s parent company LafargeHolcim in mid-2017. Previously he was the CEO of Sika. He graduated from the University Fribourg, Switzerland and holds an MBA degree.

Oman: Al Wusta Cement Company has appointed Abdullah Abbas Ahmed as its chairman and Ahmed bin Yousuf bin Alwai Al Ibrahim as its vice-chairman. The officials were nominated at a meeting of the representatives of two joint venture partners Raysut Cement Company and Oman Cement Company. The new cement company plans to build a plant at Duqm in 2018.