Lifestyle

CEO Dilip Oommen to retire after 7 years as CEO: Amit Harlalka appointed as new CEO, effective July 1

CEO Dilip Oommen to retire after 7 years as CEO: Amit Harlalka appointed as new CEO, effective July 1-PNN

Dilip Oommen appointed Vice-Chairman of ArcelorMittal India Private Ltd

New Delhi [India], March 26: AM/NS India today announces that its CEO, Mr. Dilip Oommen, 68, will retire on June 30th, after 22 years with the Company (previously Essar Steel).  He will retain links to the company as a Board member of AM/NS India, as well as taking up the position of Vice-Chairman of ArcelorMittal India Private Limited, representing ArcelorMittal’s interests in India.  Mr. Amit Harlalka, currently CFO of AM/NS India, has been appointed the new CEO effective July 1.

Mr. Harlalka joined AM/NS India in December 2019 as Deputy Director, Finance before being appointed CFO in January 2023.  Prior to that he had spent many years at ArcelorMittal, where he worked in several locations including Mexico (CFO), Zenica (Finance and project controller), and Luxembourg (financial controller).  He started his career at Hindustan Unilever Limited.  He is a chartered accountant from the Institute of Chartered Accountants of India and holds an MBA in finance from the Indian Institute of Management, Bangalore.  He has also been appointed a Member of the ArcelorMittal Group Management Committee.  

Commenting, Mr. Aditya Mittal, Chairman of AM/NS India and Chief Executive, ArcelorMittal, said: “I would like to take this opportunity to thank Dilip for being a great first CEO for ArcelorMittal Nippon Steel India.  A highly experienced steel industry executive, he knew the operations inside-out, brought stability at a time of change, and played a critical role in helping establish trust as we built the ArcelorMittal Nippon Steel brand in India.   We were lucky to have him, and I am delighted that he will retain a strong connection with the company as a Board Member, and also Vice-Chairman of ArcelorMittal India Private Limited.” 

“As a trusted and long-serving senior executive, most recently as CFO at AM/NS India, Amit has proved himself more than ready to step into the CEO role.  He has strong knowledge of the operations and has been intimately involved in the growth plans not only for steel, but also renewables.  I also know that Amit highly values safety, an imperative always, and even more crucial with so much expansion and construction underway.  In his capable hands I am confident AM/NS India will have a very bright future.”

Mr. Dilip Oommen said: “It has been an honour to serve as ArcelorMittal Nippon Steel India’s first CEO.  I could not have imagined that we would achieve so much in just over six years.  I have been supported by an excellent team including Amit, who is a strong leader with all the right credentials to lead the company during its next exciting phase of growth.  I will continue to follow all the developments with great interest and of course will retain a close contact with both AM/NS India and ArcelorMittal going forward.” 

Mr. Amit Harlalka said: “It is a privilege to be trusted to be the next CEO of AM/NS India.  The potential of the company is enormous, and I will be focusing on ensuring we can meet all this potential, starting with our aspiration to be accident free.  We have a great team of people who are excited and motivated by the unique opportunity they have to help build Atmanirbhar Bharat. We will have a lot to do, and I can’t wait to get started.”

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.