Mr. Sachin Satpute, President of Novelis Asia
The Indian Chamber of Commerce in Korea (ICCK) has elected Mr. Sachin Satpute, President of Novelis Asia, as its new chairman.
Mr. Sachin Satpute has taken over the chamber’s chairman post formerly held by Mr. Vasudev Tumbe, CFO & VP of Ssangyong Motor Company starting January 1st.
Mr. Sachin Satpute is President of Novelis Asia. Novelis is the leading producer of flat-rolled aluminum products and the world’s largest recycler of aluminium. Since 1st June 2016, in this role, he is responsible for leading the overall business strategy and P&L of Novelis’ Asia-Pacific business, which includes sales to the automotive, beverage can and specialty product markets. He also has a responsibility as a board member of Ulsan Aluminum, a joint venture between Novelis Korea and Kobe Steel, Japan.
Prior to being named to this position in June 2016, Sachin served as Chief Marketing Officer, Hindalco Industries Limited. Before that, he held roles of increasing responsibility within Novelis, including Director, Business Development &Strategy for Novelis Asia; Vice President, Sales, Marketing & Technical Services for Novelis Asia; and Managing Director of Aluminium Company of Malaysia Berhad (ALCOM).
Mr. Sachin Satpute has nearly 30 years of experience in the aluminium industry, having started his career at INDAL, which was a subsidiary of ALCAN, Canada.
“In 2019, we have witnessed some of the geo-political trends that impacted the global and Asian economies. In today’s trade environment, India continues to offer a great opportunity of growth for Korean businesses,” said Sachin in his statement. “While the Indian economy is also navigating through rough times, the Government’s push for infrastructure development and the thrust on structural reforms like Goods & Service Tax (GST) and improving ease of doing business, will enable India to achieve sustained economic growth in the future and can see the ICCK playing a significant role to enhance India-Korea trade. I look forward to the ICCK continuing to contribute to the next phase of business development between India and Korea,” he added.