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  • 31/03/2022
  • Press Release

GFG Alliance appoints top industry executive Sandip Biswas as Group Chief Investment Officer

GFG Alliance has appointed global steel industry executive Mr Sandip Biswas as Group Chief Investment Officer, as the group further strengthens its management team globally.

Sandip will be responsible for delivering sustained commercial and investment performance, playing a key role in supporting the group’s debt restructuring and transformation plans, areas in which he has deep expertise. Sandip will be responsible for leading GFG’s efforts to become carbon neutral by 2030 (CN30), applying his strong track record in developing decarbonisation projects.

Sandip joins from Tata Steel where for seventeen years he held senior and board level positions in its important JVs and subsidiaries, including Group Executive Vice President, Finance, for Tata Steel Limited, where he oversaw the group’s financing strategies, including capital structure, mergers and acquisitions and capital raising activities.  In July 2019 Sandip became Tata Steel Europe’s Executive Director responsible for driving the company’s transformation programme and was appointed to the board.  Most recently Sandip was the Chairman of Tata Steel UK.

Sandip has sat on the boards of companies across various geographies in South East Asia, India, Africa, Europe and Canada spanning across port, shipping, coal and iron ore mining and steel industries. Sandip is an honours graduate in commerce from Calcutta University, a member of the Institute of Chartered Accountants of India and of the Institute of Company Secretaries of India.

Sandip brings with him a deep appreciation of the links between industry, society and the environment, core to GFG’s purpose to create a sustainable future for industry and society. He takes up his position as Group Chief Investment Officer on April 1.

Commenting on his appointment Sandip Biswas said: “GFG’s growth trajectory and the group’s focus on GREENSTEEL transformation puts it in a unique position in our industry. The group has some excellent assets across the world which are performing exceptionally well and provide a solid platform for success.  The next few years will be formative for the group as it completes its restructuring and transformation, and I’m excited by the opportunity to play a key part in the journey, especially its GREENSTEEL and CN30 missions.

Sanjeev Gupta, Executive Chairman, GFG Alliance said: “Sandip is a top-notch global steel executive of the highest calibre. Sandip’s deep experience as a financial strategist, and his expertise in major steel decarbonisation projects will be crucial to our future success as we put the business on a path for sustainable long-term growth. I’m delighted Sandip is joining us and I look forward to working with him in delivering GFG’s commitment to a sustainable future and the GREENSTEEL transformation.”

Further information from:

Andrew Mitchell
Head of Communications – UK, GFG Alliance
+44 7516 029 522 andrew.mitchell@gfgalliance.com
Patrick Toyne-Sewell
Head of Communications – Europe, GFG Alliance
+44 7767 498 195 Patrick.toyne-sewell@gfgalliance.com

 

Note to the editors:

GFG Alliance is a collection of global businesses and investments owned by Sanjeev Gupta and his family. The Alliance is structured into three core industrial pillars; LIBERTY Steel Group, ALVANCE Aluminium Group and SIMEC Energy Group, independent of each other yet united through shared values and a purpose to create a sustainable future for industry and society. GFG Alliance employs 35,000 people, across 10 countries and has revenues of USD $20bn. GFG Alliance is a leader in sustainable industry with a mission to become Carbon Neutral by 2030 (CN30).