Tokyo Cement has appointed Susumu Andoas as the Nominee Director for Ube Singapore Pte. Ltd. to Tokyo Cement Company (Lanka) PLC’s Board of Directors effective from July 28, 2017. Susumu Ando is the Managing Director of Ube Singapore Pte. Ltd., which recently upped their stake at Tokyo Cement with the purchase of 10% voting shares at the Colombo bourse.
Ando, who holds a Bachelor of Commerce degree from the Ritsumeikan University in Japan, joined Ube Group of Companies in 1997. He has served in the cement, construction material and Ready-Mix Concrete divisions of the company.
As a leading manufacturer of cement and cement related machinery, Ube Industries Ltd. recently increased their investment in Tokyo Cement through its fully owned Singaporean subsidiary, Ube Industries Ltd.