Tata Steel UK CEO Bimlendra Jha resigns

PTI Updated - February 13, 2019 at 10:19 PM.

SCUNTHORPE, ENGLAND - OCTOBER 20: Bimlendra Jha, Executive Director of Tata Group Strategy and European Supply Chain, speaks to the media outside Tata Steel processing plant at Scunthorpe after the company announced job losses today on October 20, 2015 in Scunthorpe, England. Tata Steel has announced nearly 1,200 job losses at its plants in Scunthorpe and Lanarkshire. Up to one in three workers at the Lincolnshire steel mill could lose their jobs alongside workers at other plants in Scotland. (Photo by Christopher Furlong/Getty Images)

Tata Steel UK CEO Bimlendra Jha has resigned from the post, a source said.

“Bimlendra Jha, the CEO of Tata Steel UK, has resigned. Ashish Anupam of NatSteel Holdings will be looking after the business,” the source said.

The source, however, did not divulge information about the reason for the resignation.

An email query sent to Tata Steel seeking comment remained unanswered.

Tata Steel is in the process of merging its European operations with German steel major Thyssenkrupp AG to create a 50-50 joint venture. The proposed new company will be positioned as a leading pan-European high-quality flat steel producer with a strong focus on performance, quality and technology leadership.

In October 2018, the EU launched an “in-depth investigation” to assess if the joint venture would breach the bloc’s merger regulations and reduce competition.

Published on February 13, 2019 16:47