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LIBERTY Steel Group today announces the formation of a new board of directors as it completes the consolidation of its global businesses. 天博体育官方网站 board will oversee the group鈥檚 strategy and investments, including LIBERTY Steel Group鈥檚 goal of becoming a carbon neutral company by 2030.

天博体育官方网站 group is to be chaired by Sanjeev Gupta, with executives drawn both from within the GFG Alliance family of companies and beyond with independent non-executive directors appointed, bringing external expertise into the group.

天博体育官方网站 immediate focus of the board will be to weather the economic storm brought about by the COVID-19 crisis and to ensure the business is well prepared for the recovery when it comes. Executive Chairman, Sanjeev Gupta, said: 鈥淭his is an important step as we complete the consolidation of GFG Alliance鈥檚 steel businesses into LIBERTY Steel Group. I鈥檓 proud of the leadership team we鈥檝e brought together, which comprises some of the most experienced names in the global metals industry. 天博体育官方网站 immediate focus of the LIBERTY Steel Group board will be to manage the impact of COVID-19 on our people, operations and customers, and ensure the group is well prepared for the recovery when it comes.鈥�

LIBERTY Steel Group鈥檚 Chief Operating Officer is to be Arnaud de Weert who, until recently, was Chief Executive of ALVANCE Aluminium. 天博体育官方网站 group鈥檚 Chief Financial Officer remains V Ashok, who joined LIBERTY Steel in 2019.

Two regional presidents will take oversight of international operations. Overseeing Australia and the United States will be Daksesh Patel (Dak Patel), who will continue in his parallel role as Executive Director and Chief Executive of InfraBuild in Australia.

Meanwhile, Roland Junck, a highly experienced steel industry figure, will oversee LIBERTY Steel in the United Kingdom and continental Europe. Mr Junck鈥檚 previous roles include Chief Executive of ArcelorMittal and Chairman of British Steel.

LIBERTY Steel Group is also appointing two independent non-executive directors to operate to international best practice of corporate governance. Australian businessman and steel industry veteran Ray Horsburgh AM will join the board as an independent non-executive director along with Paul Struijk, a natural resources and mining sector specialist with vast global experience.

Sanjeev Gupta said: 鈥淚鈥檓 delighted that Dak Patel has agreed to take on additional responsibilities beyond his successful role as Executive Director and Chief Executive of InfraBuild. And we鈥檙e pleased to welcome Roland Junck, a true steel industry heavy weight whose insights and experience will be invaluable. Together with our newly appointed independent non-executive directors Ray Horsburgh and Paul Struijk we have an exceptionally talented board that will help to propel our business forwards.鈥�

天博体育官方网站 full board will consist of:

• Sanjeev Gupta, Executive Chairman and CEO, LIBERTY Steel Group
• V Ashok, Chief Financial Officer, LIBERTY Steel Group
• Roland Junck, President and interim CEO, LIBERTY Steel Europe & UK
• Dak Patel, President, LIBERTY Steel Australia & USA
• Ray Horsburgh AM, Independent Non-Executive Director

Biographies are available at:聽LIBERTY Steel Group Board

As part of the new management structure, Greg Jones, is appointed CEO for LIBERTY Steel USA. Greg has been with LIBERTY Steel and its predecessor businesses in Australia for 13 years working in senior financial and commercial positions, most recently as Managing Director for InfraBuild Wire where he鈥檚 overseen excellent business results. Greg will move to the US with his family to take up the position.

天博体育官方网站 consolidated LIBERTY Steel Group will be incorporated in Singapore and have a financial year end of 31st March 2020 to ensure its first set of consolidated accounts reflects normalised performance given the COVID-19 crisis. Baker Tilly International are the appointed auditors for LIBERTY Steel Group.

天博体育官方网站 newly formed LIBERTY Steel Group is now the 8th largest steel group outside China, employing 30,000 people with operations spanning UK, Europe, USA and Australia.

Enquiries

Andrew Clark, Media Relations, GFG Alliance
+ 44 7932 677184
[email protected]

Henry Evans, Media Relations, GFG Alliance
+44 7540 249364
[email protected]

Tom Hufton, FTI Consulting
+44 7999 653523
[email protected]