Ispat group patriarch Mohan Lal Mittal has relinquished his chairmanship in favour of his second son Pramod, who now becomes the chairman for the Indian operations.
Youngest son Vinod now becomes the managing director of Ispat Industries, the group flagship, a position which Pramod held earlier.
The 75-year-old senior Mittal is now chairman emeritus of the steel company. The change of guard was agreed upon by the company last week, senior Ispat executives confirmed.
Mittal
