Shankar Marar, currently Chief of Planning & Budgeting Tata Steel Limited, is to join Tata Steel UK as the Director Strategic Capex. As part of his role Shankar will ensure the delivery and implementation of the £1.25 billion strategic capital development projects, including the proposed new 3.2Mt Electric Arc Furnace.
Shankar joined Tata Steel in 2005 and has a wealth of experience working in Strategy and Projects. He has handled diverse roles as Asst. General Manager Steel Technology (Kalinganagar Projects), Chief Corporate Strategy & Planning India & South East Asia, Managing Director Tayo Rolls Limited, Chief Group Investment Management and, his current position, Chief Planning & Budgeting.
Tata Steel CEO Rajesh Nair said: "I'm sure everyone will join me in wishing Shankar every success in his new position."
After a short period of handover and following completion of his current secondment to Tata Steel UK, Rakesh Ambathsa, Director Capex & Projects will return to Tata Steel Limited to take up a new position.
Rajesh added: "On behalf of Tata Steel UK, I would like to thank Rakesh for his contributions and commitment, and we wish the very best in his future endeavours."
About Tata Steel UK
- The Tata Steel Group has been named one of the most ethical companies in the world, and is among the top producing global steel companies with an annual crude steel capacity of 34 million tonnes.
- Tata Steel in the UK has the ambition to produce net-zero steel by 2045 at the latest, and to have reduced 30% of its CO2 emissions by 2030.
- Tata Steel is the largest steelmaker in the UK with primary steelmaking at Port Talbot in South Wales supporting manufacturing and distribution operations at sites across Wales, England and Northern Ireland as well as Norway, Sweden, France and Germany. It also benefits from a network of international sales offices around the world.
- Tata Steel employs more than 8,000 people and has an annual crude steel capacity of 5 million tonnes, supplying high-quality steel products to demanding markets, including construction and infrastructure, automotive, packaging and engineering.
- Tata Steel Group is one of the world's most geographically-diversified steel producers, with operations and a commercial presence across the world.
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