Tata Steel Europe has recently announced changes to the leadership of its operations in the UK. Bimlendra Jha, an Executive Committee member of Tata Steel Europe, has been appointed as the Chief Executive Officer of Tata Steel UK. Mr Jha, in this new position, will report to Hans Fischer, Chief Executive Officer of Tata Steel Europe.
In order to provide further support to run and manage a global sale process, Tata Steel Europe has appointed Standard Chartered bank as an additional adviser to the process to ensure the coverage and reach of the universe of potential buyers, especially to Asia and the Far East.