Dangote Cement Plc. has announced Mr Arvind Pathak as the company’s new Group Managing Director.
The company, in a statement issued on January 18, 2023, signed by Acting Company Secretary/General Counsel, Edward Imoedemhe and obtained by Investors King, said the appointment of Pathak followed the planned retirement of Mr Michel Puchercos on February 28, 2023.
Puchercos is retiring from the Board of Directors and as the Group Managing Director/CEO of Dangote Cement Plc and will be replaced by Pathak, the statement revealed.
Puchercos will leave the cement maker at the end of February after three years at the helm.
The new Group Managing Director’s tenure begins on 1 March, the statement further stated.
Imoedemhe described Pathak as an experienced business leader who worked as MD and CEO of Birla Corporation Ltd, a cement producer, before this appointment.
The statement also said that Pathak, with over 30 years of experience in the industry, was the Chief Operating Officer and Deputy Group Managing Director of Dangote Cement Plc until 2021.
The newly appointed MD is said to have bagged a degree in Electrical Engineering from the University of Roorkee now IIT Roorkee in 1980, and also obtained a postgraduate degree in Industrial Engineering and Management in 1982.
The statement entitled: “Notification of the Retirement of a Director and the Appointment of a Director” and released in Lagos, read in full, “This is to announce that after 3 years as Group Managing Director/CEO of Dangote Cement Plc (DCP), Mr Michel Puchercos will be retiring from the Board of Directors and as the Group Managing Director/CEO of Dangote Cement Plc (“the Company”) effective 28th February 2023.
“The Board has approved the appointment of Mr Arvind Pathak as Group Managing Director of Dangote Cement Plc (DCP), effective 1st March 2023.
“Mr Pathak is an experienced business leader who worked as MD and CEO of Birla Corporation Ltd before this appointment. Also, he was the Chief Operating Officer and Deputy Group Managing Director of Dangote Cement Plc until 2021.
“With over 30 years of experience in the cement industry, he has worked most of his tenure in turning around businesses, operations and maintenance of plants, as well as leading important greenfield projects.
“The appointment of Mr Arvind Pathak will be included in the Agenda at the next Annual General Meeting for ratification by the shareholders in accordance with the Companies and Allied Matters Act.
“The Board would like to thank Mr Michel Puchercos for his commitment and contributions to the Board and wishes him well in his future endeavours while welcoming Mr Arvind Pathak back to the Dangote family and wishing him success in his new role.”
