Tata Metal CEO and Managing Director T V Narendran has stepped down as President of the Indian Metal Affiliation (ISA) months earlier than the tip of his time period, in line with the steelmaker. An ISA President is elected for 2 years and Narendran’s tenure was to finish in August this 12 months.
Confirming the event, a Tata Metal spokesperson mentioned, “Tata Metal has withdrawn its membership from the Indian Metal Affiliation (ISA) owing to numerous concerns. Accordingly, Mr T. V. Narendran, CEO & MD, Tata Metal, has stepped down from his place because the incumbent President, ISA.”
An ISA official additionally confirmed the event however mentioned the rationale for his resignation is just not identified but.
Main steelmakers comparable to JSW Metal Ltd, Metal Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd (RINL), Jindal Metal And Energy Ltd (JSPL) and ArcelorMittal Nippon Metal Ltd are members of the ISA.
Narendran can be a member of the Government Committee of the worldwide physique World Metal Affiliation (worldsteel).