By Elijah Odhiambo
Mohit Kapoor has been appointed as the new Group Chief Executive Officer of Bamburi Cement Plc effective April 1, 2023.
Simba confirmed the appointment noting that Kapoor’s extensive experience in leadership and a track record in brand building and innovation have primed him to lead the company.
“We are happy to announce Kapoor as the new CEO of Bamburi Cement Plc. 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 John Simba.
Kapoor takes over from Seddiq Hassani, who has served as the company’s CEO since February 2018.
Hassani is set to exit the role on March 31, 2023 after expiry of his five year term at the company.
Mohit Kapoor other leadership positions
Mr. Kapoor, whose appointment is subject to regulatory approval, has over 20 years corporate leadership experience.
He has been the country CEO of Holcim Qatar, head of growth and innovation at Holcim India and the managing director of Readymix Projects at Lafarge India, among other positions.
He has also served as the Head of Growth and Innovation at Holcim India, the Managing Director of Readymix Projects, the Vice President of Logistics & Supply Chain at Lafarge India, and the Senior Project Manager for Lafarge Group Audit.
Other directors appointed by the company
Following the resignation of John Stull and Guillaume Dubreuil, the firm’s Board of Directors has additionally, appointed two new Non-Executive Directors effective March 31, 2023.
Rajesh Surana will take over as the Holcim Area Manager for East & South Africa on April 1, 2023.
Sonal Shrivastava assumes office as a Non-Executive Director and Chief Finance Officer for Asia, the Middle East, and Africa beginning of next month.
Both positions are subject to regulatory approvals.
“The Board congratulates Surana and Shrivastava, who together bring a wealth of experience from leading various multinationals across different countries and roles. We thank Stull and Dubreuil for their service and wish them the very best in their future endeavours,” said Simba.
The exiting CEO Hassani’s tenure
During his tenure Mr. Hassani has been responsible for solid operational and financial performances, a company-wide people and digital transformation and cement infrastructure and operations that are future-fit, efficient, and sustainable.
“Bamburi Cement saw consistent brand value in the region under Mr. Hassani’s leadership. He successfully guided the brand through the most unprecedented challenges confronting the cement manufacturing industries, resulting in strong performance following the pandemic crisis. We commend Mr. Hassani for his consistent leadership, experience, and valuable counsel to the Board of Directors, and wish him the best in his future endeavors,” the Chair said.
