Company: ASEC Cement
Position: Group CEO
Biography: ASEC Cement was established in 2005 by Egyptian private equity firm Citadel Capital as an investment vehicle for cement projects in the Middle East and North Africa. It currently has stakes in operating plants in Egypt, Algeria, Sudan and Syria. Giorgio Bodo joined the company in May 2008 as chairman of the board and CEO.
He was promoted in 2010 to group CEO. Before joining ASEC Cement, Bodo was chief financial officer of Italy’s Italcementi from 2004, where he was responsible for merger and acquisition activities, including the buyout of Egypt’s Suez Cement.
He is also managing director of the local National Company for Development & Trade, in which Citadel Capital owns a 6 per cent stake. Bodo has a degree in economics from the University of Rome in Italy and a master’s degree in economics from the University of York in the UK.
Contact Tel: (+202) 2 755 8333