Novelis appoints Devinder Ahuja as SVP and CFO

Novelis, Inc., the world leader in aluminium rolling and recycling, today announced the appointment of Devinder Ahuja as Senior Vice President, Chief Financial Officer. Ahuja will join Novelis on July 19, 2016, as Senior Vice President, Finance, and Chief Financial Officer Designate. He will officially become Novelis' Chief Financial Officer after the filing of the company's first quarter 10-Q in August.

Steve Pohl, currently Interim Chief Financial Officer, will be responsible for the function until that time.

"We are thrilled to have someone with Devinder's breadth of financial experience and expertise joins Novelis," said Steve Fisher, Novelis President and Chief Executive Officer. "He will bring a distinct and different perspective to the executive team and to the role of CFO."

As Chief Financial Officer, Ahuja will be responsible for the accounting, treasury, global financial planning and analysis, global tax and finance excellence functions. He will be based at the company's world headquarters in Atlanta.

Over the last 29 years, Ahuja has worked in a variety of finance roles, across geographies and industries. Prior to joining Novelis, he served as Chief Financial Officer of Alcon U.S., a subsidiary of the global healthcare company Novartis.

Ahuja holds a bachelor's degree in commerce from R.A. Podar College of Commerce & Economics in Mumbai, India, and has completed general management training at INSEAD in Fontainebleau, France.

Ahuja's appointment coincides with the promotion of Steve Pohl, currently Interim Chief Financial Officer, to Senior Vice President, Business Performance and Execution, effective immediately. In this newly created role, Pohl will be responsible for corporate development and strategy. Pohl will remain based at the company's headquarters in Atlanta and will also report directly to Fisher.

Prior to his appointment as Interim Chief Financial Officer in October 2015, Pohl served as the company's Vice President, Financial Planning and Analysis. He joined Novelis in 2009 as Vice President of Finance for North America and then served as Vice President, Global Business Services from 2011 to 2012. Before joining Novelis, Pohl spent 28 years with PPG Industries in finance and operational positions.

Pohl holds a bachelor's degree in accounting from La Roche College in Pennsylvania and has completed executive management training in cost accounting at the Kellogg School of Business at Northwestern University and in marketing management at Columbia University.

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