October 14, 2008

TATA Steel CFO bags Deal of the Year Award

It is reported that Mr Koushik Chatterjee CFO of TATA Steel is among the winners of the 7th India CFO Awards 2007 instituted by International Markets Assessment India.

Mr Chatterjee won the Deal of the Year award for his role in the Corus acquisition.

The jury for the awards felt the funding requirement of USD 13 billion by TATA Steel and the complexities of a cross border acquisition through an auction requiring negotiation through several tax jurisdictions, made for a noteworthy and unique achievement for Mr Chatterjee.

There other winners for 2007 are

1) Mr Ravi Nedungadi CFO of UB group
Excellence in globalization through aggressive acquisitions

1) Mr R Sankaraiah CFO of Jubilant Organosys
Excellence in Finance in a Large Corporation

2) Mr Patrick de Royer executive director of Siemens India
Excellence in Finance in an MNC

3) Mr SV Narasimhan director finance of Indian Oil Corporation
Excellence in Finance in a PSU

4) Mr RDS Bawa CFO of Network 18
Excellence in Finance in an SME