Malay Mukherjee steps down from ArcelorMittal board

Malay Mukherjee, a leading expert in steelmaking, has stepped down from the board of directors of ArcelorMittal, the company announced today.

Malay Mukherjee, a leading expert in steelmaking, has stepped down from the board of directors of ArcelorMittal, the company announced on Tuesday.

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Mukherjee, a former executive at the public sector Steel Authority of India Limited (SAIL), quit "to pursue other interests", the company said.

Mukherjee joined the board in May 2008 after a long and distinguished career in ArcelorMittal's senior management, latterly as a member of the Group Management Board with responsibility for Asia, Africa, the CIS, Mining and Technology.

ArcelorMittal Chairman and Chief Executive Lakshmi N Mittal said: "Mr Mukherjee has been an exceptional member of ArcelorMittal, first as a highly regarded senior executive and over the past year as a member of the Board of Directors. We will miss his wisdom and advice, but wish him all the best for the future."

Mukherjee added: "ArcelorMittal is a great company and one that I will always feel a part of. I wish the company every success in the future and have no doubt that it will continue to go from strength to strength."

ArcelorMittal is the world's biggest steel manufacturer.