New chairman for Egyptian ASEC Cement

New chairman for Egyptian ASEC Cement
Published: 17 September 2004

Mohammed Galal Yakout has been named chairman and managing director of Egypt’s ASEC Cement Co, part of the Egyptian-Swiss industrial group Arab Swiss Engineering Company (ASEC), it was reported on September 16, 2004.  Yakout, who was previously ASEC Cement’s deputy managing director, will succeed the company’s late chairman and managing director Omar Guemei. The company’s board currently includes Khaled Osman Zaki, Mohammed Adel Abu Shadi, Amr Ibrahim el-Nahas and Ali Osman Farrag.