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Bamburi Cement Gets New CEO As Seddiq Hassani Resigns

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Mr Seddiq Hassani, Group Chief Executive Officer (CEO) of Bamburi Cement has resigned effective March 31, 2023.

Mr Hassani was appointed to the Board on February 9, 2018.

“He has successfully steered the Company through a volatile and tough economic period brought on by the COVID-19 pandemic and inflationary cost increases attributable to changes in global supply chains,” the company said in a statement.

The Board has appointed Mr Mohit Kapoor, as the Group Chief Executive Officer of the Company effective April 1, 2023, subject to regulatory approvals.

Mr Kapoor has over 20 years of corporate leadership experience having held several high level management positions within the Holcim Group including Country CEO Holcim Qatar, Head of Growth and Innovation, Holcim India, Managing Director of Readymix Projects, Lafarge India; Vice President, Health & Safety – APAC, Vice President, Logistics & Supply Chain, Lafarge India, Senior Project Manager Lafarge Group Audit.

He holds a Master’s degree in Marketing from FORE School of Management, India, has qualification in Supply Chain Management, from IIM-Ahmedabad, India and a Bachelor’s degree in Electronics Engineering from Nagpur University, India.

Read: Bamburi Cement Feted For Championing Diversity And Inclusion

>>> Bamburi Cement’s Half-year Profits Shrink Despite Improved Revenues

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BT Reporter
BT Reporterhttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke
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