National head of banking and finance and partner at Shardul Amarchand Mangaldas, Sapan Gupta, is set to join Indo-French multinational steel ArcelorMittal in a senior regional general counsel (GC)-like role in Mumbai, according to two sources with knowledge of his move.

Gupta had joined SAM in 2015 to build up its banking team, following the then-Delhi-headquartered firm’s split from erstwhile Amarchand Mangaldas, where banking had mostly been handled out of Mumbai.

He had previously been at Bajaj Finance, where he had grown its legal team nearly from scratch to 28 lawyers in 12 months.

Before that, the 2000 Delhi University LLB (and 1997 BCom in accountancy and 2006 Harvard Law School LLM), had also worked at Standard Chartered Bank in Mumbai, Sidley Austin in New York and other banks and corporates (see below).

We have not been able to reach Gupta for comment.

We have reached out to SAM managing partner Akshay Chudasama and ArcelorMittal for comment.

Update 15 January 2020: Managing partners Pallavi Shroff and Akshay Chudasama commented:

“Sapan Gupta will be moving on from the firm. He has been with us for close to 5 years and we are thankful to him for his contribution to the success of our firm.

“Under his leadership, our banking & finance practice has established an enviable position. We wish him all the very best in his future endeavours.”