Stainless steel maker Aperam has appointed Sudhakar Sivaji as chief financial officer (CFO) and member of its leadership team, following Sandeep Jalan’s resignation.
Sivaji will take over as CFO starting May 6, the company said in a press release. Sivaji carries more than 20 years of experience in finance with close to 12 years spent at thyssenkrupp taking care of its assets, financing, and M&A transactions across Europe, USA, and Latin America.
The company said Jalan, who had held this position for the past seven years was leaving to pursue an opportunity outside the steel industry. Aperam’s chief executive officer, Timoteo Di Maulo said in his new role Sivaji would help the company face the challenging times ahead by using his steel industry experience.
Aperam has facilities in Europe and Brazil with a total capacity to produce 2.5mn mt of flat stainless and electric steel.