Aditya Mittal

no.272 Business Leaders

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Aditya Mittal Business Leaders

       

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Aditya Mittal is a member of the Board of Directors and President and Chief Financial Officer of the world's largest steel firm Arcelor Mittal, which is controlled by his father Lakshmi Mittal, who was ranked the fourth richest person in the world by Forbes in 2008. He has a Bachelor's Degree of Science in Economics from the Wharton School of the University of Pennsylvania in the United States, from which he graduated magna cum laude in 1996. He worked for a short time in the mergers and acquisitions department at investment bank Credit Suisse First Boston. He joined the family business in 1997 and was appointed Head of Mergers and Acquisitions in 1999, and has been involved in several purchases since then as Mittal Steel has played a major role in the consolidation of the global steel industry. He is based in London. He was involved with a merger proposal between Arcelor and Mittal Steel. He suggested to his father and pursued the acquisition and merger of Arcelor to Mittal in 2006. The two companies were merged in 2006 and the new merged company is called ArcelorMittal. Aditya Mittal is married to Megha. He has one sister, Vanisha, who is married to Amit Bhatia and has been a member of Mittal Steel's board of directors since December 2004. [1]