Bamburi cement fills MD position as Hima cement gets acting boss (Kenya)


By Martin Mwita | The Exchange February 12, 2018

Bamburi Cement Limited has named Seddiq Hassani as the new managing director and a member of the board of directors, ending a four month search for a substantial boss.

Hassani takes over from Eric Kironde who has been the acting managing director since October 4, 2017. The changes at the Nairobi Securities Exchange listed firm take effect immediately.

The position fell vacant after the resignation of former managing director Bruno Pescheux who left the board on September 30 2017. He had been at the helm of the company since July 2014.

Seddiq joined Lafarge in 2000 in Morocco where he worked in various functions including operations, control, purchasing, logistics, marketing, strategy and gypsum.

Since 2015, Seddiq has been the LafargeHolcim head of growth and innovation for Middle East and Africa.

“The board takes this opportunity to thank Eric Kironde for ably holding the dual roles of acting managing director and finance director since October 2017,” the firm said in a statement on Friday.

The company has also named Nicolas George as the acting managing director for Hima Cement Limited, the firm’s subsidiary in Uganda, and appointed him to it’s board.

Nicolas joined Lafarge in 2007 as China strategy manager then went on to hold positions in France, Myanmar and Singapore.

The changes are expected to steer the companies’ regional growth in the wake of growing competition in the cement manufacturing sector.

Bamburi, controlled 58.6 per cent by French multinational LafargeHolcim, enjoys being East Africa’s largest cement maker by market share.

Related stories


AsokoNews Brief

Sign up for the Asoko newsletter, highlighting Africa's top business and investment developments each week