Wonder Cement appoints Jagdish Chandra Toshniwal as Managing Director
Wonder Cement Ltd., a part of RK Marble Group has announced the appointment of Jagdish Chandra Toshniwal as its Managing Director. Toshniwal takes over the reins from D.P. Somani who was with the company for over 7 years and was instrumental in setting up the entire plant and its expansion in the shortest amount of time.
Toshniwal joined Wonder Cement in 2015 as Executive Director and under his leadership the company has been able to expand its footprint in Rajasthan and neighboring markets. Toshniwal has been instrumental in setting up a strong foot hold for Wonder Cements in markets like Ahmedabad, Indore and Northern regions. In line with the company’s strategy and objective of becoming a national player in the shortest time, Toshniwal will now focus on creating a national footprint and generating a larger customer base in the domestic market.
A recognized leader, in his new role as Managing Director, Toshniwal is tasked with accelerating the growth journey and building a futuristic organization. Toshniwal will lead the organization retaining its endowing culture for young leaders to nurture and grow.
Ashok Patni – Chairman, Wonder Cement Ltd. said, “I was delighted since the time Mr. Toshniwal came as the Executive Director as under his leadership the company has witnessed commendable success and also gauged a phenomenal market share in short span of time. This announcement reflects the company’s vision of long term growth journey. I am confident that we will achieve new heights under the leadership of Mr. Toshniwal.”
Jagdish Chandra Toshniwal – Managing Director, Wonder Cement Ltd. said, “It is an honour now to be promoted as the Managing Director of a young company that has militated the state’s cement segment within four years of operations. I look forward to explore various business strategies and diversify our reach at the time of the year when infrastructure development and growth is the subject of concern.”
Toshniwal, a veteran in the cement industry, started his career in the cement industry as a fresher from BITS – Pilani, four decades ago. Toshniwal’s, first assignment was with Udaipur Cement in 1975. Toshniwal scaled newer heights and was entrusted with leadership positions in Ambuja Cement where he spent a major part of his career spanning close to 18 years. He was the Business Head of the Northern Region at Ambuja Cement in Delhi, during the real estate boom of the state. As a business head, he was responsible for commercial, operational and environmental sustenance.