Bamburi appoints Mohit Kapoor as new CEO
NAIROBI, Kenya, March 23 – Bamburi Cement PLC has announced the appointment of Mohit Kapoor as the new Group Chief Executive Officer (CEO), effective April 1, 2023, subject to regulatory approvals.
Kapoor takes over from Seddiq Hassani, who has served as the company’s CEO since February 2018, he is set to exit the role on March 31, 2023.
Prior to this appointment, Kapoor served as the Country CEO for Holcim Qatar.
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.
“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 Bamburi Board Chair, John Simba.
Simba commended Hassani for his consistent leadership, experience, and valuable counsel to the Board of Directors, and wished him the best in his future endeavors
In addition, the firm’s Board of Directors has appointed two new Non-Executive Directors following the resignation of John Stull and Guillaume Dubreuil, effective March 31, 2023.
Rajesh Surana and Sonal Shrivastava will take over as Non-Executive Directors on April 1 2023 (subject to regulatory approvals) and as Holcim Area Manager for East & South Africa and Chief Finance Officer for Asia, the Middle East, and Africa, respectively.
“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.
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