Tata Steel appoints new CEO for UK business

Tata Steel appointed Bimlendra Jha, executive committee member of Tata Steel’s Europe operations, as the chief executive officer (CEO) at Tata Steel UK.

Bimlendra Jha was the executive chairman of Tata Steel Europe’s long products business and had successfully led the divestment process that resulted in the signing of a sale and purchase agreement with Greybull Capital on April 11. Jha, in this new position, would report to Hans Fischer, CEO at Tata Steel Europe, and be supported by a team of executives drawn across functions including operations, procurement, finance, human resources and commercial.

Tata steel in recent news

Tata starts U.K. steel sale
Tata Steel, the country’s largest steel producer, has signed an agreement to sell the loss-making 4.5-million tonne (mt) long-product Scunthorpe steel plant in Britain to UK-based investment firm Greybull Capital for a nominal consideration, with the latter taking assets and relevant liabilities.  Click here for more 
Extra info:
1. Expand the TISCO ?
2. Who is the CEO of Tata steel?
3. Tata steel appointed______ as process advisor.
4. Tata Steel appointed __________as the chief executive officer (CEO) at Tata Steel UK.

Source – The Hindu


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