Tata Steel forms new executive committee for Corus
November 28, 2007

The Tata Steel group has set itself an ambition to become one of the most profitable and leading players in the global steel industry. Tata Steel group comprises two entities, namely, Tata Steel (including Tata Steel Thailand and NatSteel Asia) and Corus. In order to realise this ambition, a new organisation is announced today, which includes a new executive committee for the Corus entity, effective from January 1, 2008.

The executive committee of Corus, chaired by the CEO of Corus, Philippe Varin, will comprise:

• Rauke Henstra, chief operating officer
• Marjan Oudeman, strip products division director
• Phil Dryden, long products division director
• Scott MacDonald, distribution and building systems division, director
• Tor Farquhar, director, human resources
• Frank Royle, director, finance
• The director, legal, compliance and secretariat who will be appointed shortly. Helen Matheson is currently acting as director, legal compliance and secretariat.

In order to ensure strong group alignment, the group CFO, the group director, strategy and the group director, technology and integration, will participate in the executive committee:

• Dr Tridibesh Mukherjee, group director, technology and integration
• Koushik Chatterjee, group chief financial officer, and would be responsible for investor relations, capital structure, financing strategy, debt and equity raising, corporate M&A, risk management, assurance and governance with supervision of audit, tax structure optimisation, coordination of statutory and management reporting, compliance, and co-ordination of legal matters related to M&A. The group finance function will have a strong reporting relationship to the audit committee of the Tata Steel board.
• Jean-Sébastien Jacques, group director, strategy