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Sachin Satpute named new chairman of ICCK

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By Kim Hyun-bin

The Indian Chamber of Commerce in Korea (ICCK) has elected Mr. Sachin Satpute, president of Novelis Asia, as its new chairman.

Satpute took over the post, formerly held by Vasudev Tumbe, CFO & VP of Ssangyong Motor Company, starting Jan. 1.

He is president of Novelis Asia, the leading producer of flat-rolled aluminum products and the world's largest recycler of aluminium. Satpute also is a board member of Ulsan Aluminum, a joint venture between Novelis Korea and Kobe Steel, Japan.

Sachin Satpute, newly appointed chairman of ICCK
Sachin Satpute, newly appointed chairman of ICCK
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 today's trade environment, India continues to offer a great opportunity of growth for Korean businesses," said Satpute in a statement. "While the Indian economy is also navigating through rough times, the government's push for infrastructure development and focus on structural reforms like the goods and services tax, and improving the 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."


Kim Hyun-bin hyunbin@koreatimes.co.kr


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