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Caparo
appoints Purwar as non-executive director
London: NRI industrialist Lord Swraj Paul-founded
Caparo Group has appointed Arun Purwar, former chairman
of State Bank of India, as a non-executive director.
Purwar
was chairman of SBI between 2002 and 2006 and held several
senior positions including managing director of the State
Bank of Patiala.
He
was responsible for computerising all 13,400 branches
of the State Bank Group and for exploring alternative
channels such as internet banking.
Focussed
on four regional centres in India, Caparo currently operates
on 15 sites and plans to develop a further 16.
Caparo's activities in India are focused on the automotive
components sector and products include pressings, fasteners,
aluminium castings, forgings, tubing and tubular components.
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