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Egypt:Paquier to lead Dow expansion in the region

https://www.chemnet.com   Jul 26,2010
Egypt - The Dow Chemical CompanyThe Dow Chemical Company recently appointed Stephane Paquier, formerly Vice President of Mergers and Acquisitions, as the new President of Dow Africa. Paquier's appointment recognizes the importance of Africa as a critical growth market for Dow Chemical and its continued commitment to the region. Paquier will report to Geoffery Merszei, President of Dow Europe, Middle East and Africa.


"Stephane brings a wealth of knowledge and experience to Africa from his broad regional background, in addition to his strategic capabilities and extensive financial expertise," said Andrew Liveris, Dow Chairman and CEO.


"The African market is teeming with opportunities for innovation and growth. Dow has had a presence in Africa for over 50 years and we will continue to grow operations in the region to address the needs of our customers and markets. This is an exciting time for us to be in Africa as it has proven its potential in recent years," said Paquier.


Prior to being named President of Dow Africa, Stephane Paquier held the post of Vice President of Mergers and Acquisitions. Paquier joined Dow in 1984 in Geneva, Switzerland in the treasury department with trade financing responsibilities for Middle East and Africa.


He subsequently held a number of treasury positions in Frankfurt and Horgen for financial risk management, financial planning, and cash management, before being named Treasurer for Dow Central Europe in Frankfurt in 1993, where his area of responsibilities included France, Germany, Switzerland, Poland, and Hungary.


From 1995-2000, he led the financial integration of BSL (the largest privatization of East German assets) in eastern Germany. In 2000, he was named Corporate Finance Director in Midland, Michigan, where he headed up the Global Funding Process for Dow. From 2002 - 2006, Paquier was Corporate Director of Mergers and Acquisitions. 2006 - 2009 Stephane Paquier was Regional Finance Director for Dow India, Middle East and Africa. He was also responsible for Dow's M&A activities throughout the region.


Paquier has served on the board of directors of several Dow subsidiaries and joint ventures, including BSL, UOP, Petromont, Cargill-Dow, EQUATE and MEGlobal. Paquier holds a diploma from the Ecole Superieure de Commerce of Geneva.


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