AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip Oommen

Mumbai: AM/NS India chief executive Dilip Oommen will retire at the end of June this year and be replaced by Amit Harlalka, who is currently its chief financial officer, the joint venture between ArcelorMittal and Nippon Steel said Thursday.

Oommen will remain a board member of the steelmaker and also be vice-chairman of ArcelorMittal India, it said.

Oommen, currently 68 years old, has been with the company for 22 years, including when it was Essar Steel. ArcelorMittal and Nippon Steel acquired Essar Steel out of bankruptcy in 2019.


“A highly experienced steel industry executive, he knew the operations inside-out, brought stability at a time of change, and played a critical role in helping establish trust as we built the ArcelorMittal Nippon Steel brand in India,” AM/NS India chairman Aditya Mittal said in a news release.

Harlalka joined AM/NS India in 2019. He was with ArcelorMittal before that.

AM/NS India is one of the largest producers of flat steel in India, and currently has a plant in Hazira with a capacity of 9 million tonnes. It is currently expanding capacity to 15 million tonnes and is set to start work on a greenfield plant at Anakapalli in Andhra Pradesh to add 8.2 million tonnes of capacity in the first phase.