Bamburi Cement has appointed Mohit Kapoor as the new Chief Executive Officer (CEO), effective April 1, 2023, following the exit of Seddiq Hassani after five years at the helm.
“In an era of socioeconomic, environmental, and innovation disruptions, Kapoor’s extensive experience with Lafarge and Holcim, as well as his track record of brand building, innovation, and operational efficiency, have uniquely primed him to lead Bamburi Cement and the team into its next phase of growth,” said Bamburi Cement chairman John Simba.
Exciting news! We welcome Mr. Mohit Kapoor as our new Group CEO, effective April 1, 2023, with a proven track record in leadership and cement industry experience. We also want to thank our outgoing CEO, Mr. Seddiq Hassani, for his contributions and wish him all the best. pic.twitter.com/A6OAEST1ww
— Bamburi Cement PLC (@BamburiCement) March 24, 2023
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.
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, the head of growth and innovation at Holcim India, and the managing director of Readymix Projects at Lafarge India.
New Non-Executive Directors
Bamburi has announced the retirement of John Stull, the Holcim 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, 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.
Bamburi Cement is at the forefront of innovation in construction, driving through high performance, new technologies, and sustainable building and construction products and solutions.
Bamburi Cement has four subsidiaries:
- Hima Cement Limited is a Uganda-based subsidiary with three plants in Kasese, Namanve and Tororo.
- Bamburi Special Products Limited: a leading supplier of ReadyMix concrete and Precast concrete blocks with operations in Nairobi and Mombasa.
- Lafarge Eco Systems Limited: The environmental arm of Bamburi Cement, whose operations are in sustainable land use and quarry rehabilitation.
- Diani Estates Limited: Diani’s Principal activity is the management of land reserves on behalf of its parent company, Bamburi Cement.
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