OCI NV, Amsterdam, said June 11 that CEO Nassef Sawiris will assume the position of Executive Chairman of OCI’s Board of Directors, with continued responsibility for directing OCI’s strategy.
Ahmed El-Hoshy, currently COO, will succeed Sawiris as CEO.
Hassan Badrawi will oversee M&A, in addition to his current role as CFO.
The appointments are effective Aug. 1.