Britain's Indian-origin steel tycoon Sanjeev Gupta has bagged a top global award for his successful acquisitions and his drive to transform the steel industry in the UK, India and beyond.
Gupta, the executive chairman of the Liberty House Group who has been behind a series of acquisitions in the British steel industry of former Tata Steel and Caparo assets, received the title "CEO of the Year" at the prestigious Platts Global Metals Awards in London on Thursday night.
He was chosen from a shortlist of 10 top metal industry executives, including Indian CEOs Sajjan Jindal of JSW Steel and Prakash Kumar Singh of the Steel Authority of India, who lead prominent businesses in Europe, Asia, North America and Australia.
In their citation, the judges' said they were "impressed by his track record of successful acquisitions and his role as a motivator willing to swim against the tide of pessimism prevalent in the industry."
"This has been an extraordinary period for our group as we pursue our GreenSteel vision for a resilient, high-value metals industry. It is hugely encouraging for our work to be recognised in this way by our peers in the industry.