New leader for LafargeHolcim in India
Martin Kriegner to succeed Bernard Terver as head of India from the beginning of March 2016
LafargeHolcim have announced that Martin Kriegner, currently area manager for Central Europe, will be appointed head of India, with effect from 1 March 2016. He will report to group chief executive officer Eric Olsen and succeed Bernard Terver who has decided to retire.
An Austrian national, Mr Kriegner (pictured) joined LafargeHolcim in 1990 and has previously held several senior leadership positions in the Group, including chief financial officer and chief executive officer of Group operations in Austria as well as head of Lafarge India and regional president Cement for Asia.
Mr Terver, who joined the Group in 1994 and became member of the senior management in 2012, has been responsible for Ambuja Cements Ltd and ACC Ltd in India since 2014 and was appointed head of India at LafargeHolcim following last year’s merger.
The board of directors and the Executive Committee of LafargeHolcim expressed their thanks Mr Terver for his valuable contribution to the success of the Group over more than 20 years, including the successful positioning of Ambuja Cements and ACC.
Group CEO Eric Olsen said ‘We will operate in India through our subsidiaries ACC and Ambuja Cements with a combined cement capacity of around 63 million tonnes and a distribution network that extends across the entire country. We see opportunities to further build our business in India through our network of more than 100,000 dealers and retailers.’
Last week LafargeHolcim confirmed that they would be launching a new divestment process for Lafarge India following receipt of a revised order from the Competition Commission of India.
