By Cynthia Ezekwe.
Dangote Cement Plc (DCP) has appointed Alvaro Poncioni Mérian as independent non-executive director of its board, effective August 1, 2023.
DCP disclosed this in an official statement signed by Edward Imoedemhe, its acting company secretary.
“This is to inform the Nigerian Exchange Limited (NGX) and all other stakeholders that the Board of Directors of Dangote Cement Plc. (DCP) at its Meeting held on 27 July 2023 approved the appointment of Mr. Alvaro Poncioni Mérian as Independent NonExecutive Director to the Board of DCP,’’ the statement noted.
The statement added that the appointment of Alvaro Poncioni Mérian will be included on the agenda at the next annual general meeting for ratification by the shareholders in accordance with the Companies and Allied Matters Act 2020.
Alvaro Poncioni Mérian is the founder & managing partner of EDNAM Capital, United Kingdom, and Founder & Executive Chairman of Munegu Partners, Hong Kong.
He has an MSc. in management & finance from HEC Paris and M.A. in public affairs & international relations from Sciences-Po Paris.
Mérian was the global head of building materials at Morgan Stanley Investment Banking, and has several years of cognate experience in cement business transactions.
