Finnish stainless steel major Outokumpu appoints new APAC leader

1 May 2015

Finnish stainless steel major Outokumpu has appointed Jan Hofmann as President of the Asia Pacific ( APAC) business area including India. Hoffman, who has also been appointed member of the Outokumpu Leadership Team, will assume both the roles with immediate effect. He will report to Outokumpu CEO Mika Seitovirta.

Incidentally, Hofmann has been the interim head of the business area APAC since April 1, 2015. Prior to his current position he has held key positions in the company, such as the head of strategy and finance for APAC, and the head of strategy at Outokumpu.

"Jan has taken a firm lead on the APAC business area, bringing to the position his extensive industry experience and a sharp strategic focus. I warmly welcome him to the Outokumpu Leadership Team and wish him the best of success," Seitovirta said on the appointment.

Asia Pacific, which includes India, is a major market for global stainless steel giant Outokumpu The demand for stainless steel in APAC in the year 2014 grew by 6.1 % compared to 2013.almost highest in the world. "The company eyes as a major market and the new APAC head is expected to visit India in the second week of May 2015," Yatinder Pal Singh Suri, Country Head, Outokumpu India said.