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Thursday, 28 April 2022

Suez Cement has a new CEO + the IFC appoints a new North Africa director

Suez Cement has appointed commercial director Mohamed Hegazy (LinkedIn) as its new CEO, replacing our very good friend Jose Maria Magrina (LinkedIn), Suez Cement said in an emailed statement yesterday. Magrina has led Suez Cement for the past six years and leaves to take on a new position as CEO of HC Trading, the trading arm of Suez Cement’s parent company Heidelberg Cement. Hegazy has been with Suez Cement for 15 years and was appointed as its chief commercial director in 2017.

Jose Maria was one of our first My Morning Routine profiles back in 2019. Read about his day here. Egypt will miss you, buddy.

The International Finance Corporation (IFC) has appointed Cheick-Oumar Sylla (LinkedIn) as its new regional director for North Africa, according to a press release (pdf). Sylla has 30+ years of experience in global investment and development, and most recently served as IFC’s country manager for the Horn of Africa, covering Ethiopia, Eritrea, Djibouti, Sudan and South Sudan. His new role will see him leading from Cairo IFC’s investment and advisory teams in Egypt, Morocco, Tunisia, Algeria and Libya.

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