Latest News
AshakaCem, subsidiary of LafargeHolcim, gets new Managing Director
News Highlight
- AshakaCem has appointed Alhaji Rabiu Abdullahi Umar as its new Managing Director.
- Umar will succeed Leonard Palka, a Polish national, who has resigned from the company.
AshakaCem, a subsidiary of Lafarge Africa and member of the LafargeHolcim group, has appointed Alhaji Rabiu Abdullahi Umar as its new Managing Director.
In a statement released on the Nigerian Stock Exchange on Friday, AshakaCem said Umar was appointed to succeed Leonard Palka, a Polish national, who has resigned from the company. Umar’s appointment is effective from April 13 when Palka’s appointment ends.
Umar is currently the Energy and Strategy Director for Lafarge Africa. He joined the company in 2014 as the Energy and Power Director responsible for spearheading the development of power projects, including a 300MW power initiative. He holds a bachelors degree in Accounting from Bayero University, Kano and is an alumnus of Harvard Business School.
Based in Gombe State, AshakaCem is one of the four cement companies controlled by Larfarge Africa in Nigeria. Other cement companies are: Atlas Cement based in Rivers State, United Cement Company of Nigeria (Unicem) based in Cross River state, and LafargeWapco based in Ogun State.
Formerly known as Lafarge Cement WAPCO Nigeria Plc, the corporate name was changed to Lafarge Africa Plc in 2014. In 2015, following the $50 billion merger of Lafarge and Holcim – a Swiss-based building materials company – the new leader in the global building materials industry, LafargeHolcim, was formed.
Lafarge Africa is the second largest cement company in Nigeria after Dangote Cement, the market leader.
Related News
Latest Blogs
- Access Holdings and African art renaissance
- NMDPRA should balance local content with market competition
- Why ‘T-Pain’ should be Tinubu's least worry
- Access Bank Project 111 providing a lifeline for women battling fibroids
- How Nigeria can boost maritime financing
Most Popular News
- Kenya’s KCB Bank signs €230mn deal to support SMEs, youth and women
- AfDB has invested $1.44bn to support infrastructure development in Nigeria
- FG proposes N47.9 trillion for 2025 budget
- Unpaid care work prevents 708m women from participating in labour market
- Airtel Africa records broad growth in half year results
- UK budget to drive wealth and talent exodus from Britain - investor