Steppe Cement appoints Rupert Wood to its Board as Independent Director alongside Xavier Blutel as new Chairman

– MALAYSIA, Kuala Lumpur – Steppe Cement Ltd (AIM:STCM) is pleased to announce that Rupert Wood has been appointed as Independent Non-Executive Director of the Company. Rupert Wood, 46, has been involved in Emerging Market Equities since the mid-1990s, predominantly in Central and Eastern Europe.

Starting his career at NatWest Markets in 1996 covering Emerging Europe as an analyst and then in equity sales, he worked at CA-IB/Bank Austria and then at ING, where he managed distribution of Emerging Market Equities to institutional investors as Head of EMEA Equity Sales. He then joined Wood & Co as Head of Sales, before becoming Head of Equities and subsequently Senior Advisor. His wide capital markets experience has spanned the broader EMEA region including Central Asia, Turkey, the Gulf, South Africa, as well as Latin America. He holds degrees from the University of Oxford and the School of Slavonic and East European Studies (SSEES), now a part of University College London (UCL).

Following’s Rupert Wood’s appointment, the Board elected Xavier Blutel as the new Chairman.

Steppe Cement welcomes their expertise in cement and capital markets to help Steppe Cement grow further.

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