ArcelorMittal, the world's biggest steelmaker, has been ranked 14th on the 2014 global Aon Hewitt Top Companies for Leaders list.

“With nearly 180 organisations participating in this year’s Aon Hewitt study, ArcelorMittal was selected as a result of our continued commitment to developing a strong and effective talent and leadership pipeline” said Brian Callaghan, the steelmaker's vice president of leadership development.

Callaghan said that leadership was crucial in developing any kind of culture, but claimed it was particularly important where high performance was crucial. "And that means increasing leadership capability at all levels of the company, not just at the top of the organisation,” he said.

ArcelorMittal was selected as one of only seven Top Companies for Leaders in Europe by Aon Hewitt in 2011. However, following further improvement and integration of leadership policies, the company has now been ranked in Aon Hewitt’s global listing.

The Aon Hewitt Top Companies for Leaders study explores how organisations assess, select, develop and reward leaders, and examines the execution of leadership practices as well as the strategy that guides it. This year's winners were selected and ranked by an expert panel of independent judges based on a number of criteria, including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, company reputation, business and financial performance.

According to Pete Sanborn, Aon Hewitt's global talent practice leader, "Top Companies for Leaders are passionate about cultivating resilient and engaging leaders who take the time to know and develop their talent and understand what experiences they need to rise above the rest.”