Rakesh Kapur has been appointed chief financial officer for Essar Steel Algoma, accountable for all financial functions, effective immediately.
Kapur is a graduate in Economics (Honours) from Delhi University, a Fellow member of the Institute of Chartered Accountants of India and a Member of the Institute of Chartered Secretaries and Administration of London, UK. Rakesh has over 25 years' experience as a chartered accountant having held senior roles at Xerox, MEI and Volvo in India. He comes to Essar from ArcelorMittal where he served most recently as Chief Financial Officer and Member of the Board of Directors at their steel complex in Ostrava, Czech. Republic.