May 18, 2020 / 2:59 PM / 17 days ago

Liberty Steel names ex-ArcelorMittal executive to top role

FILE PHOTO: Paramjit Kahlon, chief executive of ArcelorMittal CIS, speaks during an interview with Reuters in Kiev, Ukraine, December 15, 2016. REUTERS/Valentyn Ogirenko

LONDON (Reuters) - Privately owned Liberty Steel Group said on Monday it has appointed a former executive of ArcelorMittal (MT.AS) to a top role in the firm.

Paramjit Kahlon will become chief executive of primary steel and integrating mining at British-based Liberty Steel, part of the GFG Alliance, the steelmaker said in a statement.

GFG, a conglomerate owned by the family of British commodities tycoon Sanjeev Gupta, announced last October it was merging its steel operations into a new entity to be ready for a potential listing.

At ArcelorMittal, the world’s biggest steel group, Kahlon was chief executive for CIS and the Middle East until last December and had also been chief technology officer.

Liberty Steel, with annual capacity of 18 million tonnes of steel products, has operations in 10 countries and 30,000 employees.

Reporting by Eric Onstad; Editing by Susan Fenton

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