BUA Cement names Jacques Piekarski executive director/CFO

BUA CEMENT, A LEADING cement producing company in Nigeria has named Jacques Piekarski as its new executive director and chief financial officer (CFO), effective October 2, 2020.

Abdul Samad Rabiu, executive chairman, BUA Group, in his congratulatory address expressed the board’s confidence that Jacques’ broad experience, strong leadership capabilities and understanding of the industry will ensure that BUA Cement is well positioned to take advantage of available opportunities to drive improved operational performance and sustain profitable growth trajectory.

In the same light, Yusuf Binji, managing director/ CEO of BUA Cement Plc, stated that the board was thrilled to welcome Jacques to BUA Cement. He described Jacques as a man of immense experience to the role, both in the Nigerian cement industry and the African region as a whole. He further expressed certainty that Jacques would utilise his skills and experience towards actualising a significant contribution and continue to drive the company forward.

Prior to joining BUA Cement, Jacques held several C-suite finance roles across Europe and Africa in FMCG, cement, trading, and mining. He served as group chief financial officer for TGI Group Nigeria, one of the largest foods and agricultural privately owned conglomerates in the country. His knowledge of the cement industry was garnered during his time as the CFO for LafargeHolcim in Egypt. He was also the group CFO of Flour Mills of Nigeria until his recent appointment by BUA Cement.

BUA Cement, ranked the second largest manufacturing company by market capitalization on the Nigerian Stock Exchange currently has its plants in Sokoto and Edo states with a total installed capacity of eight million metric tonnes per annum. The company is expected to complete construction of an additional three million metric tonnes per annum plant in Sokoto by 2021.