Jindal Steel & Power Ltd. - Mr. Naushad Akhter Ansari , Designated As Joint Managing Director Of The Company

| Updated on December 31, 2018

Dear Sir/Madam,

This is to inform you that Mr. Naushad Akhter Ansari, CEO of the Company has been designated as the Joint Managing Director of the Company with effect from January 1, 2019.

Brief profile of Mr. Naushad Akhter Ansari:

Mr. Naushad Akhter Ansari joined JSPL as Executive Director at Patratu unit in September 2008, after a 34 years stint with Tata Steel. During his tenure at Patratu, he was instrumental in successfully commissioning the two rolling mills of combined capacity of 1.6 MTPA. Subsequently he became Executive Director-Incharge of JSPL Raigarh as well as Wholetime Director of JSPL. Under his leadership, Raigarh plant established new benchmarks of efficiency by achieving full rated capacity.

He was actively involved in setting up of Shadeed Iron & Steel Company, Oman. As CEO - JSIS, he was instrumental in transforming the plant to an integrated steel plant with installation of a new 2 MTPA Electric Arc Furnace (EAF) & a 1.4 MTPA Bar Mill. JSIS long products and Jindal Panther TMT brand acquired leadership position in Middle East Long product market, during his tenure.

In mid-2017, Mr. Ansari joined Corporate Office to spearhead JSPLs steel business. Mr. Ansari took varied measures like (i) employee orientation and goal-setting; (ii) focus on enhancing capacity utilization, (iii) increasing efficiency in manufacturing system, (iv) customer delight and (v) cost efficiency. The efforts resulted in JSPL recording a net profit after 13 consecutive loss-making quarters.

Mr. Ansari has a rich industry experience spanning 43 years. He has led a large workforce and has been responsible for several innovative practices. Under his dynamic leadership, various projects like SMS, Rolling Mills, Sinter Plant, Blast Furnace, Raw Material Handling facilities and Power Plant etc. have been completed in record time and lowest cost.

Mr. Ansari holds B.Sc. Engineering degree in Mechanical Engineering from AMU, Aligarh, obtaining first class first position & securing a gold medal in 1974. He has also done various management courses from Wharton School of Business, USA, INSEAD, Singapore and ISB, Hyderabad.

Kindly take the above information on record.

Pdf Link: Jindal Steel & Power Ltd. - Mr. Naushad Akhter Ansari , Designated As Joint Managing Director Of The Company

Source : BSE - www.bseindia.com

Published on December 31, 2018

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