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Juan Béjar appointed executive chairman of Cementos Portland Valderrivas

Juan Béjar appointed executive chairman of Cementos Portland Valderrivas

02/16/2012 | General

Madrid, 16 February 2012.- This afternoon, the Board of Directors of Cementos Portland Valderrivas approved the appointment of Juan Béjar Ochoa as executive chairman of the group.

Juan Béjar holds a degree in law and business from Comillas Pontifical University (ICADE) in Madrid. Mr Béjar will continue as executive chairman of Globalvia, a 50:50 joint venture between Bankia and FCC. Previously, he was chairman of Citigroup Infrastructure Management, Citigroup's subsidiary responsible for infrastructure asset management, where he raised 3.4 billion dollars for investment in the sector and the subsequent management of those assets.

Prior to working for Citigroup in London, he was managing director of Ferrovial Infraestructuras, and executive vice-chairman and managing director of Cintra (a Ferrovial subsidiary), overseeing the latter company's expansion and IPO, as well as the acquisition of the world's largest toll road, the 407 ETR, in Toronto. Ferrovial's acquisition of BAA also took place during his tenure.

Mr Béjar has extensive experience in the cement industry. He was head of planning and controller at Hisalba, the world's leading cement company in the 1980s, and later held the post of general manager of UMAR, the international division of Holderbank, currently Holcim.

Mr Béjar (54) will replace the current chairman of the group, Dieter Kiefer, who has held that post since December 2008.  

About Cementos Portland Valderrivas, S.A.Cementos Portland Valderrivas is the largest cement producer in Spain. It has production plants in strategic locations in Cantabria, the Basque Country, Navarra, La Rioja, Castilla y León, Castilla La Mancha, Madrid, Aragón, Extremadura, Andalucía and Cataluña, with a total annual production capacity of 18.8 million tonnes of cement. The company also has plants in the USA and Tunisia.

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