Dangote Cement CEO To Step Down By December
The Chief Executive Officer of Africa’s largest cement producer, Dangote Cement, Onne Van Der Weijde will step down at the end of 2017.
The company said Der Weijde is stepping down after 3 years of piloting affairs of the company to return to his home country.
But he will then be appointed as non-executive director of the company with effect from January 1, 2018.
In the meantime, J O Makoju, honorary adviser to chairman, will be acting Managing Director/CEO of the company till a successor is appointed.
Van Der Weijde was appointed in 2015, replacing former CEO Devakumar Edwin.
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Dangote Cement said the appointment at the time, was “in furtherance of the implementation of strategies put in place to drive operational efficiency, support its ambitious growth strategies and delivering shareholder value”.
In an e-mailed response to questions from Bloomberg, former CEO Devakumar Edwin said then that the transition comes at a time when some of the large capital expenditure projects of Dangote Industries Ltd., which he handles, have started to materialize.
Having worked for several high-profile companies, holding various top positions, Van der Weijde joined Dangote Cement with a wealth of experience.
He held various positions in Holcim, a Swiss-based global building materials and aggregates company.
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