Swiss multinational cement giant LafargeHolcim has appointed Martin Kriegner, its Area Manager for Central Europe, as India head with effect from March 1.
"Martin Kriegner, currently Area Manager, Central Europe, will be appointed Head of India, effective March 1, 2016. He will report to Eric Olsen, Group CEO, and succeed Bernard Terver who has decided to retire," LafargeHolcim said in a statement.
Kriegner joined LafargeHolcim in 1990 and has previously held several senior leadership positions in the Group, including CFO and CEO of its operations in Austria as well as Head of Lafarge India and Regional President Cement for Asia.
The group has a distribution network that extends across the entire country and continues to see opportunities to further build its business in India through the network of over 100,000 dealers and retailers.
Kriegner was responsible for Ambuja Cements and ACC post merger.
The company has got fair trade regulator CCI's go-ahead for a new divestment plant for its India business including three cement plants and two grinding stations.
The proposed divestment is key to get the approval of the Competition Commission of India (CCI) for the multi-billion dollar merger between Lafarge and Holcim announced last year.
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