Atlanta-based rolled aluminium firm Novelis Inc. announced yesterday that Devinder Ahuja has been appointed its Senior Vice President, Chief Financial Officer. Ahuja will join the firm first as Senior Vice President, Finance, and Chief Financial Officer Designate on July 19, and would then become its official CFO after it files its 10-Q for the financial first quarter in August of this year.
“We are thrilled to have someone with Devinder’s breadth of financial experience and expertise join Novelis,” said Novelis President and Chief Executive Officer Steve Fisher. “He will bring a distinct and different perspective to the executive team and to the role of CFO.”
Ahuja will work from the company’s headquarters in Atlanta, and he will report directly to CEO Steve Fisher. His duties as Chief Financial Officer include supervising the company’s accounting, treasury, global financial planning and analysis, global tax compliance, and finance excellence functions. He has a bachelor’s degree in commerce from Mumbai’s R.A. Podar College of Commerce & Economics, and has completed general management training at Institut européen d’administration des affaires (INSEAD) in Fontainebleau, France.
Ahuja is entering the office vacated by Steve Pohl, who has been promoted to Novelis’ Senior Vice President, Business Performance and Execution. This is a brand-new role, and its responsibilities include corporate development and strategy, the execution of strategic initiatives and monitoring performance under the company’s key business objectives, communications and government affairs, investor relations, and the oversight of the company’s annual enterprise risk management (ERM) process.
“I can’t think of a better suited person than Steve Pohl for the tasks of driving the execution of our long-term strategy and advancing our business objectives,” said Fisher. “He is a respected leader within the company and will continue to be a valuable asset to Novelis.”
Novelis is a subsidiary of Hindalco Industries Limited, which is part of the Aditya Birla Group of Mumbai, India.