Company: RAK Steel
Biography: Ajay Aggarwal was appointed CEO of RAK Steel in March 2008, having been involved in the companys formation. Aggarwal is a qualified mechanical engineer and has a masters degree in business administration. He has worked in management roles at blue-chip companies, including engineering and consumer products company Godrej in India, and Omani conglomerate Saud Bahwan Group.
Aggarwal has expertise in human resources management and leadership, and is a business partner with training company FranklinCovey South Asia. RAK Steel is a joint venture of the RAK Investment Authority (Rakia) and Middle East Traders Group. It is the second largest rebar manufacturing mill in the UAE, with a capacity of 500,000 t/y.
RAK Steel announced a $165m investment in 2009 to expand capacity to 750,000 t/y. However, this was later put on hold.
Contact Tel: (+971) 7 258 5459