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P. Madhusudan, the Director (Finance), assumed charge as the Chairman and Managing Director of the Rashtriya Ispat Nigam Limited, the Visakhapatnam steel plant, on Wednesday, according to a press release. A.P Choudhury retired on Tuesday.
Madhusudhan joined the RINL as the Director (Finance) in 2009 and played a significant role in improving the financial performance of the company and introduction of e-payments to the customers/suppliers. He will be at the helm of affairs at the RINL for the next five years, as the company is planning to expand the capacity to reach to 11-12 mtpa and aspiring to become a “Maharatna” company soon, adds the release.
sarma.rs@thehindu.co.in
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