Shree Cement appoints new MD for a five-year term
Cement

Shree Cement appoints new MD for a five-year term

Following the resignation of Benu Gopal Bangur as chairman, Shree Cement has appointed Neeraj Akhoury as "Additional Director Designated As Managing Director." Akhoury was appointed for a five-year term beginning October 14, according to a stock exchange filing.

Benu Gopal Bangur, who has been at the helm of the Kolkata-based company since its inception in 1979, has tendered his resignation as director and chairman with effect from the end of business hours.

Hari Mohan Bangur, who was previously the managing director, has been appointed chairman, effective October 15. Prashant Bangur, his son, has been promoted from joint managing director to vice chairman. Akhoury joined Tata Steel in 1993, where he worked in sales, marketing, and logistics in both the cement and steel divisions.

He joined the Holcim Group in 1999 as a member of the executive committee in charge of corporate affairs, then sales. He relocated to Nigeria in 2011 as CEO and MD of Holcim AshakaCem. He was later promoted to strategy and business development director for the Middle East and Africa at Holcim's headquarters in Paris.

From 2017 to 2020, Akhoury was the MD and CEO of ACC, and from February 2020 to September 2022, he was the MD and CEO of Ambuja Cements.

He holds an MBA from the University of Liverpool and a bachelor's degree in economics from Allahabad University. He also completed a one-year general management programme at XLRI Jamshedpur and is a Harvard Business School alumnus.

SEE ALSO:
Shree Cement to set up integrated cement unit in Guntur
Shree Cement witnesses high input cost at Rs 910 cr in Q4 FY22


Following the resignation of Benu Gopal Bangur as chairman, Shree Cement has appointed Neeraj Akhoury as Additional Director Designated As Managing Director. Akhoury was appointed for a five-year term beginning October 14, according to a stock exchange filing. Benu Gopal Bangur, who has been at the helm of the Kolkata-based company since its inception in 1979, has tendered his resignation as director and chairman with effect from the end of business hours. Hari Mohan Bangur, who was previously the managing director, has been appointed chairman, effective October 15. Prashant Bangur, his son, has been promoted from joint managing director to vice chairman. Akhoury joined Tata Steel in 1993, where he worked in sales, marketing, and logistics in both the cement and steel divisions. He joined the Holcim Group in 1999 as a member of the executive committee in charge of corporate affairs, then sales. He relocated to Nigeria in 2011 as CEO and MD of Holcim AshakaCem. He was later promoted to strategy and business development director for the Middle East and Africa at Holcim's headquarters in Paris. From 2017 to 2020, Akhoury was the MD and CEO of ACC, and from February 2020 to September 2022, he was the MD and CEO of Ambuja Cements. He holds an MBA from the University of Liverpool and a bachelor's degree in economics from Allahabad University. He also completed a one-year general management programme at XLRI Jamshedpur and is a Harvard Business School alumnus. SEE ALSO: Shree Cement to set up integrated cement unit in Guntur Shree Cement witnesses high input cost at Rs 910 cr in Q4 FY22

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?