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Mukherjee appointed CEO, Essar Steel

The Essar Group has announced the appointment of Malay Mukherjee as the CEO of its steel business, effective October 15, 2009. Mukherjee will take over from current CEO, J Mehra, who will assume a new role as director – Essar Group, and will continue to support the Group’s Promoter Directors in business strategy, investments, corporate relations and corporate governance.

Speaking on the appointment Shashi Ruia, chairman, Essar Group, said, “Malay Mukherjee comes with valuable international experience in the steel business and is an excellent addition to Essar Group’s dynamic leadership team.”

Mukherjee is an alumnus of the Indian Institute of Technology, Kharagpur, and holds a master’s degree in Mining from the USSR State Commission in Moscow. In his long career spanning more than 35 years, he has led a variety of technical and commercial functions in the steel industry, including iron ore mining, project implementation, materials management and plant operations.

Until recently, Mukherjee was a member of the Arcelor Mittal Board of Directors. Prior to that, he was also a member of the company’s Group Management Board, with responsibility for Asia, Africa, CIS, Mining, Stainless, Pipes & Tubes as well as Technology.

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