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Why Brian Egan Resigned as Dangote Cement CFO

Dangote Cement Plc has announced the resignation of its Executive Director and Chief Financial Officer, Brian Egan.

The company made the announcement through a company statement signed by the Company’s Secretary, Mahmud Kazaure, and sent to the Nigerian Stock Exchange (NSE).

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The statement, disclosed that the resignation would take effect on Thursday. According to the company, Egan’s resignation was voluntarily and without pressure.

Reason for his resignation was based on family matter, as Egan seek to return to Ireland to spend more time with his family.

Meanwhile, the company lauded him for his contribution to Dangote Cement’s growth.

Brian joined Dangote Cement as Group Chief Financial Officer on 20th April 2014 and was elevated to the Board as Executive Director, Finance, in July 2017. He has previously been an Executive Director and Chief Financial Officer of Petropavlovsk Plc and of Aricom Plc, both of which were listed on the London Stock Exchange.

Before joining Aricom he was Chief Financial Officer of Gloria-Jeans Corporation, a leading Russian apparel manufacturer and retailer. He has more than 20 years’ international experience in senior financial roles with Associated British Foods Plc, Georgia-Pacific Ireland Limited and Coca-Cola HBC.

He trained as an accountant with KPMG and is a member of The Institute of Chartered Accountants in Ireland.

Source: Fakoyejo Olalekan/Nairametircs


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