NEW YORK Raghav Khanna
has been appointed to Aleris International Inc.s board by
the aluminum companys parent following the resignation of
Kenneth Liang last week.
Aleris parent company Oaktree
Capital Management LP, Los Angeles, appointed Khanna to
Aleris board after Liang resigned Dec. 5. Liangs
departure was not due to any disagreement with the board or the
company, according to a filing with the U.S. Securities and
Exchange Commission (SEC).
Khanna currently serves as vice
president in the opportunities funds of Oaktree Capital
Management and is responsible for deal execution, trade
strategy and portfolio management. He joined Oaktree earlier
this year after previously working as an associate at Carlyle
Group in New York and as an analyst at Goldman Sachs Group Inc.
in New York and London.
The board substitution comes
nine months after the Beachwood, Ohio-based company surprised
investors by delaying its planned initial public offering.
Aleris still has its S-1 Form
needed for the public offering on file with the SEC, a company
spokeswoman said, declining to comment further on the