Aperam announces the appointment of a new CFO

Sudhakar Sivaji, 40, will become a member of Aperam's Leadership Team and CFO of Aperam effective May 6, 2020. Sandeep Jalan is leaving Aperam to pursue other career opportunities outside the steel and mining industry.

Sudhakar has close to 20 years of experience in finance and transformation projects and spent 12 years at thyssenkrupp's Steel and Service Center businesses. During his time with thyssenkrupp, Sudhakar has held key responsibilities structuring the development of the company's portfolio and the financing of assets and M&A transactions, leading the NAFTA SSC business, running international supply chains and logistic networks, and setting up and running digitization projects in Europe, USA and Latin America.  Most recently he was leading performance and restructuring programs for the thyssenkrupp Group since 2019.

Timoteo Di Maulo, Chief Executive Officer and Member of the Leadership Team, said: "I'm very pleased to welcome Sudhakar as the new CFO of Aperam. Sudhakar has a strong expertise in finance and brings valuable experience in the steel industry. I am convinced that he will continue and contribute to make Aperam a stronger Company in these challenging times. In the name of the Leadership Team, I would also like to thank Sandeep who has for almost 7 years successfully contributed to our Leadership Journey(R)️ turning Aperam into a resilient, profitable and cash generative company, with a strong balance sheet. He's now taking a new important challenge for which I wish him all the best."

Source and photo: Aperam