JOHANNESBURG - Steel company ArcelorMittal South Africa said on Friday its board had approved the appointment of Avinash Desmond Maharaj as chief financial officer and executive director from October 1.

It said Maharaj, a qualified chartered accountant, had a 22-year career with 17 years at a senior executive level in finance and general management level.

Gerhard van Zyl, who acted as acting CFO pending the appointment of a permanent official, will step down from the role.

- African News Agency (ANA)