People: ArcelorMittal SA (ISPA.AS)
20 Dec 2013
Mr. Narayanan Vaghul has been an Independent Director of ArcelorMittal SA since July 1997. He also sits on the Company's Audit Committee as Chairman and as Member of the Appointments, Remuneration and Corporate Governance Committee and Transition Committee. He has over 50 years of experience in the financial sector and was the Chairman of ICICI Bank Limited between 2002 and April 2009. Previously, he served as the Chairman of the Industrial Credit and Investment Corporation of India, a long-term credit development bank for 17 years and, prior to that, served as Chairman of the Bank of India and Executive Director of the Central Bank of India. He also served for brief periods as Consultant to the World Bank, the International Finance Corporation and the Asian Development Bank. Mr. Vaghul was also a visiting Professor at the Stern Business School at New York University. Mr. Vaghul is Chairman of the Indian Institute of Finance Management & Research and is also a Board member of Wipro, Mahindra & Mahindra, Piramal Healthcare Limited and Apollo Hospitals. He obtained a Bachelors degree in Commerce from the University of Madras.
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