Mr. Praveen Kumar Maheshwari

Whole-Time Director

Mr. Praveen Kumar Maheshwari

Rank Holder Chartered Accountant [1984]; MBA from IIM, Ahmedabad [1983] with over four decades of experience in various areas of Finance and General Management, including mergers & acquisitions, fundraising, consultancy, managing investor relations in India and global financial markets. Additionally, he has held several senior positions in manufacturing organizations during his career.

Presently Whole-time Director [Since May 2016] and former Chief Financial Officer [from December 2011 until March 2025] he also heads the IT & digital initiatives for the Company [viz. metals flagship of the Aditya Birla Group, industry leader in aluminium and copper]. Mr. Maheshwari also serves as a Director on the Board of Novelis Inc., a US based wholly owned subsidiary of Hindalco, largest global aluminium recycler and flat rolled aluminium producer with operations across North America, South America, Europe & Asia.

His notable contribution includes his stint as CEO of Hindalco’s Copper business [2019-2021] in addition to a major contribution during the acquisition of Aleris.

Prior to joining Hindalco, Mr. Maheshwari worked with Bharat Forge Ltd. [one of the largest steel forging companies in the World] as Director Finance and Group CFO for a period of 8 years and with Escorts Ltd. [one of the largest manufacturing conglomerates based in North India]. During his tenure with these companies, he successfully completed several transactions of mergers and acquisitions across North America, Europe and Asia including a Joint Venture with a State-owned Chinese Company as well as divestitures, corporate restructuring and fundraising.

His directorships in body corporates are as follows:

 

Company

Designation

Public - Listed

1

Hindalco Industries Limited

Whole-Time Director

Full time Position in Body Corporates [if any]

1

Novelis Inc.

Director