Mittal Steel South Africa said that Mr HC Banthia, its executive director in charge of finance will resign from the company’s board from 17 February to take up another position in the steel group. Mr Banthia has been on Mittal Steel SA’s board since last August. Mr Banthia was previously Chief Financial Officer (CFO) of Mittal Steel Galati and headed the finance function of the group’s operations in Romania and Macedonia.