Steel giant ArcelorMittal (MT) said that Sudhir Maheshwari, member of the Group Management Board, with responsibility for corporate finance; mergers, acquisitions and divestments; risk management; and India and China, is leaving the company to pursue other opportunities effective 31st March 2015.
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.
The company said that Sudhir's responsibilities will be shared between its senior executives, who will report to other GMB members on these functions.
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