Sustainable industry leader GFG Alliance has appointed Premal Desai as its new Group Chief Operating Officer (COO – Business Development), starting January 1, 2021. Alongside the oversight and expansion of GFG Alliance’s global footprint, Premal Desai will focus on the sustainable transformation journey of the Group.
Premal Desai has extensive experience in the European industry – most notably in strategy, finance, operations and transformation. After 10 years at Boston Consulting Group he held several leadership positions at thyssenkrupp AG from 2006 to 2020, most recently as CFO and Executive Chairman of thyssenkrupp Steel.
GFG Alliance’s Executive Chairman Sanjeev Gupta said: “We are delighted to welcome Premal to our worldwide GFG family. With his many years of experience in senior positions across our sectors, Premal is ideally qualified to fill the role as COO – Business Development, for our global group. His expertise and passion especially about sustainability and digital transformation will allow us to further expand and improve our businesses.”
Premal Desai said: “I am excited to join Sanjeev and the GFG Alliance team. I have observed the continued success of GFG Alliance in transforming a challenged sector to create long-term economic, social and environmental sustainability. I look forward to contributing to the green journey of GFG.
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Note to the editors:
GFG Alliance is a collection of global businesses and investments owned by Sanjeev Gupta and his family. The Alliance is structured into three core industrial pillars; LIBERTY Steel Group, ALVANCE Aluminium Group and SIMEC Energy Group, independent of each other yet united through shared values and a purpose to create a sustainable future for industry and society. GFG Alliance employs 35,000 people, across 10 countries and has revenues of USD $20bn. GFG Alliance is a leader in sustainable industry with a mission to become Carbon Neutral by 2030 (CN30).