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Sudhir Maheshwari announced to resign from ArcelorMittal

Oct 28, 2014 15:10 IST

Sudhir Maheshwari on 28 October 2014 announced to resign from ArcelorMittal. Sudhir Maheshwari is the member of the Group Management Board, with responsibility for corporate finance; mergers, acquisitions and divestments; risk management; and India and China.

He was working in the company from past 26 years. He will leave the company to pursue other opportunities effective 31 March 2015. He is known as frontline man of L.N.Mittal. Gonzalo Urquijo, senior executive VP and member of the group management board of the company will become advisor to chairman and CEO, LN Mittal effective from 1 January 2015.

About Sudhir Maheshwari
Sudhir first joined the company in 1989 in Trinidad & Tobago. He held various finance positions in Hamburg, Dusseldorf and Luxembourg before moving to London in 2000 to join the company’s M&A and corporate finance functions.

Following the merger with ISG Group to create Mittal Steel, Sudhir was appointed EVP Finance and M&A. After the merger to create ArcelorMittal he became a member of the management committee, before being appointed to the Group Management Board in 2008.

About ArcelorMittal
ArcelorMittal S.A. is a multinational steel manufacturing corporation headquartered in Luxembourg.

It was formed in 2006 from the takeover and merger of Arcelor by Mittal Steel. ArcelorMittal is the world's largest steel producer, with an annual crude steel production of 93.6 million tones as of 2012. It is ranked 91st in the 2013 Fortune Global 500 ranking of the world's biggest corporations.


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