BUA Cement has introduced the appointment of Jacques Piekarski as its new Chief Monetary Officer efficient October 2. Previous to his present appointment, Jacques was Group CFO at TGI Group.
This was revealed in a press release by Ahmed Aliyu, the Firm Secretary.
Abdul Samad Rabiu, Chairman, BUA Cement Plc, stated: “The Board is assured that Jacques’ broad expertise, robust management capabilities and understanding of the trade will be sure that BUA Cement is well-positioned to reap the benefits of accessible alternatives to drive improved operational efficiency and maintain our worthwhile progress trajectory.”
Engr. Yusuf Binji, Managing Director/CEO of BUA Cement Plc, stated: “We’re thrilled to welcome Jacques Piekarski to BUA Cement.
“Jacques brings a wealth of expertise to this function— each within the Nigerian cement trade and the African area as an entire.
“I’m sure his expertise and expertise will make a major contribution and proceed to drive the corporate ahead.”
Previous to becoming a member of BUA Cement, Jacques held a number of C-suite finance roles throughout Europe and Africa in FMCG, Cement, Buying and selling, and Mining.
He has had important achievements in organising or re-organising finance departments, financing (loans, bond, rights subject, debt restructuring and re-financing), income and value optimization applications, varied enlargement and initiatives together with ERP implementations, and controlling.
He is named a charismatic, results-driven and dynamic chief, with robust enterprise acumen.
Previous to becoming a member of BUA Cement, Jacques was Group CFO for TGI Group Nigeria — one of many largest meals and agric privately-owned conglomerate within the nation.
He joined this function from Flour Mills of Nigeria the place he was additionally Group CFO. Jacques has additionally garnered in depth data of the cement trade from his time because the CFO for Holcim (at this time LafargeHolcim) in Egypt with a three way partnership with the Orascom Group.
On this function, he has actively concerned in building-up the finance division, financing the plant enlargement and monitoring its finances, implementing Holcim monetary requirements and an unlimited value discount programme.
Throughout his tenure, the plant was the second largest single plant on this planet with 8mt capability.
A Swiss and French nationwide, Jacques was born in Switzerland. He’s a graduate from the Enterprise College in Lausanne, Switzerland, and holds an MBA from the Robert Kennedy Faculty, Zurich, Switzerland.
Jacques is the President of the Swiss-Nigerian Enterprise Council in Lagos and speaks fluent English and French, and conversational German.
BUA Cement is the second-largest manufacturing firm by market capitalisation on the Nigerian Inventory Trade.
The corporate presently has its crops in Sokoto and Edo states with a complete put in capability of 8million metric tonnes each year.
The corporate is anticipated to finish the development of an extra 3million metric tonnes each year plant in Sokoto by 2021.