ArcelorMittal Nippon Steel India’s CEO Dilip Oommen Set to Retire on June 30; Amit Harlalka Appointed as Successor

ArcelorMittal Nippon Steel India's CEO Dilip Oommen Set to Retire on June 30; Amit Harlalka Appointed as Successor
On Thursday, March 26, ArcelorMittal Nippon Steel (AM/NS) India announced that Dilip Oommen, its Chief Executive Officer (CEO), will retire on June 30, concluding a 22-year affiliation with the firm, including seven years in the CEO role. The position will be filled by the current Chief Financial Officer (CFO), Amit Harlalka, starting July 1.

Oommen, 68, will remain connected to AM/NS India as a board member post-retirement. He will also assume the role of Vice-Chairman at ArcelorMittal India Private Limited, representing the group’s interests in the nation.

This leadership change coincides with AM/NS India’s expansion and emphasis on long-term growth, particularly in steel production and renewable energy investments.
Amit Harlalka, set to become CEO on July 1, joined AM/NS India in December 2019 as Deputy Director of Finance, later being promoted to CFO in January 2023. Prior to this, he held various finance leadership positions within ArcelorMittal in locations such as Mexico, Zenica, and Luxembourg.
He started his career with Hindustan Unilever Limited and is a chartered accountant accredited by the Institute of Chartered Accountants of India. Harlalka also possesses an MBA in finance from the Indian Institute of Management, Bangalore, and has been appointed as a member of the ArcelorMittal Group Management Committee.

In remarks about the transition, Aditya Mittal, Chairman of AM/NS India and CEO of ArcelorMittal, praised Oommen for his role in providing stability during challenging times and for significantly contributing to the establishment of the ArcelorMittal Nippon Steel brand in India.

He expressed confidence in Harlalka’s leadership, citing his comprehensive understanding of operations and involvement in the company’s growth strategy, particularly its renewable energy projects. Mittal emphasized that safety will be a core focus as the company progresses.

Oommen stated it was an honor to serve as the company’s inaugural CEO, highlighting the substantial milestones the organization has achieved during his leadership. He expressed that he would stay closely tied to the company in his new capacities.

Harlalka conveyed his honor in taking on the CEO role, committing to maximizing the company’s potential while emphasizing safety and aiding India’s industrial growth goals.

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