Home / Companies / People /  International Paper appoints new India head

Hyderabad: International Paper Co., the world’s biggest pulp and paper maker, has appointed Rampraveen Swaminathan as the president of its India unit, replacing Michael W. Amick, Jr., who has been promoted as senior vice president of papers, pulp and consumer packaging (North America).

Swaminathan will be responsible for International Paper’s business interests in India. His appointment will be effective from 1 November, the company said in a statement.

The new roles for Swaminathan and Amick Jr. come hours after the Memphis-based company named Mark Sutton as the new chief executive.

International Paper acquired a controlling stake in the erstwhile Andhra Pradesh Paper Mills Ltd (APPM), a paper manufacturer in Rajahmundry town of Andhra Pradesh, for about $388 million in 2011. It has since renamed the company International Paper APPM Ltd, which trades on the Indian bourses.

International Paper APPM produces writing, printing and copier papers at its two manufacturing units in Andhra Pradesh and has a total paper production capacity of 240,000 metric tonnes a year.

Swaminathan joined International Paper in 2012 as the managing director and chief executive of International APPM and was later made vice president of its India unit, IP Paper (India) Pvt. Ltd.

He holds a degree in commerce from St. Joseph’s Commerce College, Bangalore University, and a post graduate diploma in industrial management from the TA Pai Management Institute (TAPMI), Manipal.

Shares of International Paper APPM rose 2.96% to 302.60 on BSE while the exchange’s benchmark Sensex declined by 0.2% to 27,265.32 points.

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