East African Portland Cement appoints acting Managing DirectorA worker at the East Africa Portland Cement factory. The Company has appointed Stephen Nthei has acting Managing Director [File, Standard]East African Portland Cement Company (EAPCC) has appointed Mr Stephen Kyalo Nthei has acting Managing Director for the company with effect from 20th May 2019.Nthei replaces Simon Peter Ole Nkeri who was sacked by the company’s board on Monday. Nthei, a Certified Public Accountant, has over 20 years’ working experience in diverse sectors and institutions including Ernst & Young, Central Bank of Kenya and Kenya Petroleum Refineries. He holds a Bachelor of Commerce Degree (accounting option, first class) and an Executive Master’s Degree in Business Administration. As at December 2018, Kenya National Bureau of Statistics put Bamburi’s market share at 33 per cent followed by Mombasa Cement at 16 per cent, East African Portland Cement Company at 15 per cent and Savannah Cement 15 per cent.

Source: Standard Digital May 25, 2019 09:56 UTC