08:52 AM EDT, 10/05/2026 (MT Newswires) -- Ras Al Khaimah Co. for White Cement & Construction Materials (ADX:RAKWCT) named Ajay Kumar Gupta as chief executive officer designate, effective Monday, following a same-day board meeting. Gupta will succeed current CEO Mohamed Ahmed Zayed Al Houti on Feb. 1, 2027. Al Houti will work with Gupta until his retirement on Jan. 31, 2027, before briefly taking on the role of adviser to the chairman. Gupta previously served as CEO of Indian paper manufacturer Century Pulp and Paper, a unit of conglomerate Aditya Birla Group.

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