Bamburi chief of finance Vasileios Karalis resigns
Bamburi Cement Chief Finance Officer (CFO) Vasileios Karalis is set to leave the company on May 31, 2023.
This follows his reassignment within the Holcim Group, the parent company of Bamburi Cement.
Mr Karalis joined Holcim Group in 2007 and was appointed to the Board on March 21,
2019, as a non-executive director before taking on an executive role as the Group CFO in
February 2022.
The Board has announced the appointment of Eugene Antera as the Group Chief Finance Officer of the Company effective June 1, 2023, subject to regulatory approvals.
"Mr Antera is a dynamic business leader, with strong management and finance experience spanning over 15 years in manufacturing, transportation and banking. His wealth of expertise encompasses among others strategy development, business performance, operations & project management, internal controls management, process improvement, financial reporting, budgeting and forecasting," the board said in a notice.
Previous appointment of new Bamburi CFO
Prior to his appointment, Antera was the Operations Controller of the Company. He joined Holcim Group in 2007 and has held several roles including Business Analyst, Sub Sahara Africa (Lafarge Middle East &Africa), Growth Controller, Supply Chain Controller and overall Country Controller (Kenya).
Prior to that, he worked with Rift Valley Railways as the Financial Planning & Analysis Manager and also at East African Portland Cement PLC as a Business Controller.
He holds a Bachelor of Commerce degree (Finance) from the University of Nairobi and is a Certified Public Accountant. He is a member of the Institute of Certified Public Accountants of Kenya.
