Management change takes place at Dangote Cement Plc
Chief Financial Officer, Dangote Cement PLC, Tim Surridge, has resigned citing family reasons.
Mr Surridge, Mr. Surrige, whose family lives in England, was based in Dangote Cement's headquarters in Lagos, Nigeria.
His resignation is with immediate effect.
Mr Kuzhiyil Ravindran, formerly Chief Financial Officer of Dangote Cement, will resume the role of CFO until a successor is engaged, a statement by Carl Franklin, head of Investor Relations.
Franklin also quoted the Chief Executive of the company, D.V.G. Edwin, as saying:
'We thank Tim for his contribution and fully understand the needs of a young and growing family. We wish him well for the future.'
Dangote Cement Plc, which accounts for about 28 per cent of the capitalization of the Nigerian Stock Exchange is the flagship company in the chains of Dangote busineses.
DANGOTE GROUP is one of the most diversified business conglomerates in Africa with a hard – earned reputation for excellent business practices and products' quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa. The Group's activities encompass Cement – Manufacturing / Importing, Packing & Distribution.