METALS PEOPLE - Novelis appoints Devinder Ahuja as CFO

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Vivian Teovivian.teo@fastmarkets.comJoint News Editor - Asia

London 09/06/2016 - Novelis has appointed Devinder Ahuja as senior vice president and chief financial officer, the company said on Thursday.

Ahuja will join Novelis on July 19 as senior vice president for finance and CFO designate. He will officially become Novelis' CFO after the filing of the company's first-quarter report in August. Steve Pohl, currently interim CFO, will fill the role until that time.

Ahuja, who will be based in the company's Atlanta headquarters in the US, has worked in a variety of finance roles across geographies and industries. Prior to joining Novelis, he served as CFO of Alcon US, a subsidiary of global healthcare company Novartis.

Pohl has also been promoted to senior vice president for business performance and execution, effective immediately, Novelis said.

Prior to his appointment as interim CFO in October 2015, Pohl served as the company's vice president for financial planning and analysis.

Novelis is a subsidiary of Hindalco Industries, which is part of the Aditya Birla Group, based in Mumbai, India.


(Editing by Mark Shaw)



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