RHI Magnesita India has appointed Alvaro Martin Rivero as an Additional Director (Non-Independent & Non-Executive) effective January 14, 2026. The appointment, based on the recommendation of the Nomination and Remuneration Committee, is subject to shareholder approval. Rivero is the Senior Vice President of Reporting, Finance and Tax at RHI Magnesita N.V. and brings extensive financial leadership and governance experience.
New Leadership Addition
Alvaro Martin Rivero has been appointed as an Additional Director (Non-Independent & Non-Executive) of RHI Magnesita India, effective January 14, 2026. This appointment follows a resolution passed by the Board of Directors on the same date.
Executive Profile
Mr. Rivero currently holds the position of Senior Vice President of Reporting, Finance and Tax at RHI Magnesita N.V. He previously served as a Partner at Ernst and Young (EY). He is a qualified Chartered Accountant and holds an MBA in Energy from Warwick Business School.
Committee Reconstitution
Following the appointment, the company’s committees have been reconstituted as follows:
Nomination & Remuneration Committee:
Mr. Nazim Sheikh – Chairman
Mr. Kamal Sarda – Member
Mr. Gustavo Lucio Goncalves Franco – Members
Risk Management Committee:
Mr. Nazim Sheikh – Chairman
Mr. Kamal Sarda – Member
Mr. Parmod Sagar – Member
Corporate Social Responsibility Committee:
Ms. Sonu Chadha – Chairperson
Mr. Parmod Sagar – Member
Mr. Azim Syed – Member
Source: BSE
