Bamburi Cement has appointed Mohit Kapoor as the new Chief Executive Officer (CEO), effective April 1, 2023.
This follows the exit of Seddiq Hassani after five years at the helm of the Nairobi Securities Exchange-listed firm.
After joining Bamburi on February 9, 2018, Mr Hassani’s initial four-year tenure ended ahead of schedule last year. However, he was granted a one-year extension, which ended on February 8, 2023.
The board congratulates Mr Kapoor on his appointment, thanks Mr Hassani for his service and wishes him well in his future endeavours.
Bamburi Cement Board
With several high-level management positions within the Holcim Group, the parent company of Bamburi, Mr Kapoor possesses over 20 years of corporate leadership experience, pending regulatory approval for his appointment.
Mr Kapoor has served as the country CEO of Holcim Qatar, as well as the head of growth and innovation at Holcim India, and the managing director of Readymix Projects at Lafarge India.
Other Bamburi Cement Appointments
In addition, Bamburi has announced the retirement of John Stull, the Holcim (Bamburi’s parent firm) area manager for sub-Sahara Africa, who is also a non-executive director, effective March 31, 2023. In his place, Rajesh Surana has been appointed as the new Holcim area manager for East and South Africa.
Furthermore, Guillaume Dubreuil, who has been serving as the chief financial officer for Asia, the Middle East, and Africa, has stepped down from his position and been succeeded by Sonal Shrivastava.
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