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Biography of Aditya Mittal

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International Business
 
In Brief Bio :
Mr. Aditya Mittal is President and CFO of Mittal Steel Company.
 
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Detailed Biography of Aditya Mittal


He joined the Group in January 1997 and has held various finance and management roles within the company. In addition to these responsibilities Aditya was appointed Head of Mergers and Acquisitions for the Group in 1999. In this role, he led the company’s acquisition strategy, resulting in Mittal Steel’s expansion into Central Europe, Africa and most recently the United States. This led to Mittal Steel emerging as the world’s largest and most global steel producer, growing its steel making capacities eightfold. These acquisitions included Polskie Huty Stali in Poland, Nova Hut in Czech Republic, Sidex in Romania, Annaba in Algeria, Iscor in South Africa, and International Steel Group in the US.

Aditya’s most recent achievement was leading Mittal Steel’s successful bid for Arcelor, the world’s second largest steel company.

Prior to his M & A responsibilities, in 1997, Aditya managed the IPO for Ispat International NV. This deal was the largest ever IPO in the steel industry, raising over $775 million and receiving the Equity Deal of the year award.

Aditya is also an active participant in various charitable organisations, most notably the NSPCC in the UK, a YPO member, and in 2005 was selected as one of the World Economic Forum’s Young Global Leaders.

He holds a Bachelor’s Degree of Science in Economics from the Wharton School in Pennsylvania with concentrations in Strategic Management and Corporate Finance from where he graduated magna cum laude.

 
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  Aditya Mittal in the News
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Moneycontrol.com

ArcelorMittal Expects to Reduce Net Debt
Wall Street Journal (blog)
“We expect to be below that [$22.5 billion target] when we announce second quarter results,” Aditya Mittal told journalists on a call. When asked if the company would consider cutting its dividend or issue equity in order to shore up its balance sheet, ...

Firstpost

Why the Land Bill is ruinous - for everyone
Firstpost
Aditya Mittal offered this breathless narrative to illustrate the ease of acquiring land – and generally doing business – in China, where the Communist Party rolls out the red carpet and forcibly evicts farmers and villagers from their land to ...

Bloomberg

Euro-Region Industrial Production Unexpectedly Fell in March
Bloomberg
The region's ability to haul itself out of recession is being hampered by renewed concern Greece will exit the bloc, and Aditya Mittal, chief financial officer of ArcelorMittal, the world's largest steelmaker, said May 10 that Europe “remains a live ...
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