Titan Cement appointed Michael Colakides as Executive Director. Mr. Michael Sigalas, after having served for 17 years as an executive member in the Board of Directors of Titan Cement Company S.A., tendered his resignation to the Board of Directors due to retirement. Mr. Michael Colakides, Titan Group C.F.O, was elected as executive member to replace the seat of Mr. Michael Sigalas to the Board of Directors.