By Our Correspondent
BHUBANESWAR/NEW DELHI: Executive Chairman of ArcelorMittal Nippon Steel India, LN Mittal and CEO, Aditya Mittal on Tuesday met Union PNG-Steel Minister Dharmendra Pradhan and discussed about various issues.
“Had good conversations with Shri LN Mittal, Executive Chairman & Shri Aditya Mittal, CEO, ArcelorMittal Nippon Steel India, on driving innovation and making our oil, gas, steel, petrochemicals & mining sector more vibrant, efficient & globally competitive to fuel #AatmanirbharBharat’s growth story,” Union Minister Dharmendra Pradhan tweeted@dpradhanbjp.
Aditya Mittal, who was President, CFO and CEO ArcelorMittal Europe, became Chief Executive Officer of the company. Lakshmi N. Mittal, who was Chairman and CEO, now became Executive Chairman.
Lakshmi Mittal founded what became ArcelorMittal in 1976 when he built a greenfield rolling mill in Indonesia. An early believer in the benefits consolidation could bring to the steel industry, he took his first international step in 1989 with the lease and subsequent acquisition of a steel company in Trinidad & Tobago. This was followed by expansion into Mexico, the USA, Germany, Kazakhstan and multiple eastern European countries. In 2004 Mr Mittal combined his two steel businesses, Ispat International and LNM Holdings to form Mittal Steel, while at the same time agreeing to merge with International Steel Group of the United States. This combination meant Mittal Steel became the world’s largest steel company, a position that was further reinforced in 2006 when Mittal Steel and Arcelor agreed to merge to create ArcelorMittal. Mr Mittal is widely recognized for his entrepreneurial and business success and has received numerous awards. He sits on the board of Goldman Sachs.
Aditya Mittal joined Ispat International in 1997 from Credit Suisse where he worked in the investment banking division. His first task was to oversee the IPO of Ispat International on the New York Stock Exchange. He subsequently became Head of M&A, leading the company’s expansion into Eastern Europe. As CFO of LNM Holdings he led the combination of Ispat International with LNM to form Mittal Steel, of which he became CFO. He identified the opportunity of combining Arcelor and Mittal Steel and led the merger offer which culminated in the creation of ArcelorMittal. As well as being CFO of ArcelorMittal he took up operational responsibilities, first as CEO ArcelorMittal Americas and then as CEO of ArcelorMittal Europe. He was named President in 2018.
Genuino Christino joined Cia. Belgo Mineira in Brazil (currently ArcelorMittal Brazil) in 2003 from KPMG where he worked as an external auditor and consultant for over 10 years in Brazil and in the UK. He was transferred to our head office in Luxembourg in 2009 and has progressively taken over additional responsibilities within finance becoming Head of Finance in 2016. He has been working closely with Aditya on developing and executing the Group’s financial strategy.
