BUA Cement Appoints Piekarski as Executive Director/CFO

BUA Cement Appoints Piekarski as Executive Director CFO BRANDSPURNG
Jacques Piekarski

BUA Cement is pleased to announce the appointment of Jacques Piekarski as its new Chief Financial Officer effective October 2, 2020. Prior to his appointment, Jacques was Group CFO at TGI Group.


BUA Cement Appoints Piekarski as Executive Director CFO BRANDSPURNG
Jacques Piekarski

A seasoned finance professional with over 26 years experience, Jacques Piekarski is the Chief Financial Officer/Executive Director for BUA Cement Plc. Prior to joining BUA Cement, Jacques held several C-suite finance roles across Europe and Africa in FMCG, Cement, Trading, and Mining.

Over the course of his career, Jacques has had significant achievements in setting-up or re-organizing finance departments, financing (loans, bond, rights issue, debt restructuring and re-financing), revenue and cost optimization programs, various expansion and projects including ERP implementations, and controlling. He is known as a charismatic, results-driven and dynamic leader, with strong business acumen.

Prior to joining BUA Cement, Jacques was Group CFO for TGI Group Nigeria – one of the largest Food and Agri privately owned conglomerate in the country. He joined this role from Flour Mills of Nigeria where he was also Group CFO. Jacques has also garnered extensive knowledge of the cement industry form his time as the CFO for Holcim (today LafargeHolcim) in Egypt with a joint venture with the Orascom Group.

In this role, he has actively involved in building up the finance department, financing the plant expansion and monitoring its budget, implementing Holcim financial standards and a vast cost reduction program. During his tenure, the plant was the second largest single plant in the world with 8mt capacity.

A Swiss and French National, Jacques was born in Switzerland. He is a graduate from the Business School in Lausanne, Switzerland, and holds an MBA from the Robert Kennedy College, Zurich, Switzerland.

Jacques is the President of the Swiss Nigerian Business Council in Lagos and speaks fluent English and French, and conversational German.
BUA Cement is the second-largest manufacturing company by Market capitalization on the Nigerian Stock Exchange. The company currently has its plants in Sokoto and Edo states with a total installed capacity of 8million metric tonnes per annum. The company is expected to complete construction of an additional 3million metric tonnes per annum plant in Sokoto by 2021.