The East African Portland Cement Company (EAPCC) has announced the appointment of Mohamed Osman Adam as the New Acting Managing Director.
In a statement, the board of directors announced the appointment of Mr. Osman effective May 28, 2024, succeeding Danniel Kiprono who served as the company’s Managing Director from January 2021.
“The board of directors (the “board”) of the company wishes to inform the shareholders that Mr. Mohamed Osman Adan has been appointed as the acting managing Director of the company with effect from 28th May 29, 2024,” said the notice.
Mohamed Osman is a certified public accountant, and certified Investment and financial analyst with a bachelor of in Economics 1st Class Honors.
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In addition, he holds an MA in Economics from the University of Nairobi and is currently at the tail end of his PhD. He is also doing a degree in Law at the same University.
Moreover, the company described Adan as tech-savvy with advanced knowledge in financial management, performance management and reporting with strong presentation skills and the ability to communicate with transparency.
Furthermore, Mohamed Adan has over 10 years of working experience in senior management and Executive positions at the company and is also trained in strategic leadership and development.
“Mr. Adan is Tech-savvy with advanced knowledge in financial management, performance management and reporting with strong presentation skills and the ability to communicate with transparency,” said the board.
The company which started as a trading entity, importing cement mainly from England has been a significant player in Kenya’s cement manufacturing industry since 1933
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Portland Cement EAPCC Renovation
Early this month the EAPCC resumed operations after a one-month closure for renovations and plant maintenance.
The renovations were intense to increase capacity to serve the growing regional demand for cement amid an infrastructure boom in East Africa.
Also, the firm undertook the first phase of maintenance two years ago and it involved the replacement of the kiln shell which was completed in September 2022.
This led to improved clinker and cement production and resulted in a 38 per cent increase in revenues.
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