Rolled and extruded aluminium products manufacturer Hulamin has appointed its CFO Meganathan (Mark) Gounder as CEO, with effect from December 1.
He will succeed Geoff Watson, who was appointed interim CEO on October 1, 2022, following the retirement of former CEO Richard Jacob.
Watson will return to the role of nonexecutive director with effect from December 1.
Gounder joined Hulamin on April 1, 2021, and, during his tenure as CFO, he has developed a deep understanding of Hulamin and has been instrumental in leading a number of key strategic projects, including successfully implementing an enterprise-wide transformation journey focused on streamlining processes and driving efficiencies across the entire business, Hulamin comments.
"His extensive background and wealth of experience make him an excellent fit for the CEO role. The board is pleased to appoint a strong internal candidate as the CEO and looks forward to Mark’s continued contribution to Hulamin," it adds.
The company's financial reporting head, Pravashni Nirghin, has been appointed interim CFO, with effect from December 1.
The board will start the process to appoint a permanent CFO.