MUMBAI: Star Group has announced the appointment of Paul Aiello as its president. Aiello will report to Star Group CEO Michelle Guthrie.

In this newly created role, Aiello will be responsible for developing strategic and business directions for the company while overseeing corporate functions including business development, strategy and implementation, Star ventures, government affairs and corporate communications, according to an official release.

Commenting on Aiello's appointment, Guthrie said, "As Star continues to expand its operations and look towards diversified growth opportunities in Asia, the need for an experienced and gifted executive with Paul's background became apparent. Together with Steve Askew who oversees our operations across the region, we now have in place a highly formidable team to lead the company into its next phase of robust development."

Aiello, 41, joins Star from Morgan Stanley where he worked for more than nine years. He joined the company as VP in 1997 and subsequently advanced his career to executive director, mergers and acquisitions of Asia Pacific; COO of Asia Pacific investment banking and finally, MD and head of telecom, media and technology group, Asia Pacific in 2000.

He holds a Ph.D in Economics from the University of Cambridge and a B.A. in Economics and International Relations from the University of Notre Dame, Indiana.