CEO of Kenya's Arm Cement to quit but remain board member

ARM Cement Ltd Managing Director Pradeep Paunrana during an interview with the Standard team at his Nairobi office. Photo by WILLIS

Arm Cement’s chief executive said on Thursday he planned to leave his post as part of a shake-up at the Kenyan cement maker, but would stay on as a board member.

“As founder shareholder and entrepreneur, I will be an active Board member and support the incoming CEO and the management team in strengthening stakeholder relationships with suppliers, customers and the Government in all the three East African countries where we operate,” Pradeep Paunrana said.