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Business News of Friday, 20 December 2019

Source: www.mynigeria.com

El Dokani to replace Puchercos as Lafarge CEO

Lafarge Africa Lafarge Africa

Lafarge Africa Plc has announced the resignation of the Group Managing Director/Chief Executive Officer (GMD/CEO), Michel Puchercos from the firm.

According to a statament released by the firm to the Nigerian Stock Exchange, Pucheros resignation is effective January 17th, 2020.

No reason was stated for his resignation but the board wished him well in his future endeavours. His tenure was enjoyable one, according to the statement.

"During his tenure as the GMD/CEO, he implemented a successful turnaround plan for the business addressing the legal, financial and management structure of the Company, Health & Safety improvements and the implementation of new operating processes," the statement read in part.

To serve as his replacement, Khaled Abdelaziz El Dokani was appointed to take over his position.

Mr. Khaled Abdelaziz El Dokani, Puchercos successor joined LafargeHolcim in 2004. Prior to taking over this position, he was Country CEO of Iraq (2018-2019), Qatar (2016-2018), Saudi Arabia (2013–2016), Vice-President for Business Development and Strategy North America (2010-2013), and CFO in Lafarge Algeria (2004 – 2010).

He holds a Bachelor of Commerce degree from Alexandria University, Egypt.