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JSW Steel Ltd (JSTL.NS)

JSTL.NS on National Stock Exchange of India

250.90INR
15 Dec 2017
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Summary

Name Age Since Current Position

Sajjan Jindal

57 2011 Executive Chairman of the Board, Managing Director

Savitri Jindal

64 2016 Chairperson Emeritus

Seshagiri Rao

59 2009 Group Chief Financial Officer, Joint Managing Director, Executive Director

Rajeev Pai

2015 Chief Financial Officer

Lancy Varghese

Compliance Officer, Company Secretary

Vinod Nowal

62 2013 Deputy Managing Director, Wholetime Director

Jayant Acharya

54 2010 Director - Commercial & Marketing, Executive Director

N Jayaram

2017 Nominee Director, KSIIDC

Hiroyuki Ogawa

Nominee Director, JFE Steel Corpn, Japan

Vijay Kelkar

75 2010 Non-Executive Independent Director

Haigreve Khaitan

47 2015 Non-Executive Independent Director

Seturaman Mahalingam

69 2016 Additional Non-Executive Independent Director

Malay Mukherjee

Non-Executive Independent Director

Punita Sinha

55 2012 Non-Executive Independent Director

Kannan Vijayaraghavan

58 2008 Non-Executive Independent Director

Pritesh Vinay

51 Vice President - Capital Markets and Group Investor Relations

Biographies

Name Description

Sajjan Jindal

Mr. Sajjan Jindal is Executive Chairman of the Board, Managing Director of JSW Steel Limited. His keenness to give back to the society and a desire to improve the “lives of individuals”, led to the existence of JSW Foundation which is committed to provide the means to empower individuals to bridge the socio-economic divide and contribute to the creation of a more equitable and sustainable community. The Foundation is proud to have touched the lives of over 1 million people by providing them with opportunities for a bright and sustainable future. A renowned and respected practitioner of sustainable business practices, Mr. Jindal is a noted member of the Executive Committee of the World Steel Association (WSA), President of Indian Steel Association (ISA) as well as the former President of the Institute of Steel Development & Growth (INSDAG). He is also a Council member of the Indian Institute of Metals.

Savitri Jindal

Smt. Savitri Devi Jindal is Chairperson Emeritus of JSW Steel Limited. She resigned as Non-Executive Non-Independent Chairperson of the Board of the company effective October 20, 2011. She is on the Board of a number of Companies belonging to the O P Jindal Group. She is also the Patron of the Managing Committee of the Vidya Devi Jindal Public School, Hissar, Haryana. She is Director of Rohit Towers Building Limited Jindal Steel & Power Limited JSL Limited Jindal Industries Limited Jindal Saw Limited Sonabheel Tea Limited Jindal ITF Limited Jindal Water Infrastructure Limited.

Seshagiri Rao

Mr. Seshagiri M. V. S. Rao is Group Chief Financial Officer, Joint Managing Director, Executive Director of JSW Steel Limited. He is responsible for overall operations of JSW Steel including Strategy formulations related to business development, expansion of existing businesses, joint ventures, mergers and acquisitions and Cost management. He possesses rich experience spanning over three decades in Steel Sector and in the areas of Corporate Finance and Banking. He joined JSW Group in 1997 as Chief Financial Officer and has played active role in growth strategies of JSW Group since then. He has been actively involved in all strategic decision making within the group and has over the years grown with JSW Steel progressively shouldering higher responsibilities. Prior to joining JSW Steel he has worked with various reputed organizations in various capacities.

Rajeev Pai

Lancy Varghese

Vinod Nowal

Dr. Vinod K. Nowal is Deputy Managing Director, Wholetime Director of JSW Steel Limited. He has also previously served as the President of the Bangalore Chamber of Industry and Commerce, Bangalore, President of Tarapur Industrial Manufacturers Associations, Tarapur, Chairman of Manufacturing Task Force Southern Region at ASSOCHAM, member of Manufacturing Task Force constituted by Government of Karnataka, member of a committee under Chief Minister of Karnataka for Employment in the Manufacturing Sector, member of Governing Body of M.S. Ramaiah Institute of Technology, Bangalore, Advisory Member on the Board of T John College, Bangalore and member of Advisory Committee of the Center of Excellence in Steel Technology (COEST) at IIT Bombay.

Jayant Acharya

Mr. Jayant Acharya is an Director - Commercial & Marketing, Executive Director of JSW Steel Limited, since April 01, 2010. He served as Executive Director, Director - Sales & Marketing of JSW Steel Limited. He is a Chemical Engineer with a Masters in Physics from BITS, Pilani in the year 1986. He has done his MBA in Marketing from the Indore University. Mr. Acharya has 22 years of experience in the steel industry spanning the entire range of flat and long steel products. He has worked in various capacities and locations in India. His experience includes start up operations, development and execution of strategies for penetrating new markets and customers, creation of brand equity for the Company in the domestic and international markets and introduction of innovative marketing concepts. His strengths lie in his ability to forge individual and company-client relationships. Mr. Acharya presently heads the sales and marketing function of JSW Steel Limited and is associated in the functioning of some other subsidiary companies. Prior to joining JSW Steel Limited, during September 94 to June 99, he was Joint General Manager (Marketing), Essar Steel Limited. Between June 92 to September 94, he was Chief Marketing Manager, Surya Roshni Limited, Mr.Acharya started his career in October 1986 as Management Trainee with M/s. Steel Authority of India Limited, underwent technical and management training at Bhilai Steel Plant and subsequently Management Training at Indian Institute of Management, Calcutta.

N Jayaram

Hiroyuki Ogawa

Mr. Hiroyuki Ogawa is Nominee Director, JFE Steel Corpn, Japan of the company. He holds a Master’s Degree in Engineering from the Department of Mechanical Engineering, Graduate School of Engineering, The University of Tokyo. Mr. Hiroyuki Ogama is Senior Vice President, Corporate Planning Department, Vietnam FHS Project Team, Mexico CGL Project Team, Technical Cooperation Dept. Prior to that he was Vice President, General Superintendent, West Japan Works, Fukuyama, Assistant General Superintendent, West Japan Works- Kurashiki. He joined Kawasaki Steel Corporation in 1985. A detailed profile of Mr. Hiroyuki Ogawa is enclosed.

Vijay Kelkar

Dr. Vijay Laxman Kelkar, Ph.D., is Non-Executive Independent Director of JSW Steel Limited. He was appointed on the Board of Directors in January 2010. He has held several key posts in the Government of India, including as Advisor to the Minister of Finance, Finance Secretary, Secretary of Ministry of Petroleum & Natural Gas, Chairman of 13th Finance Commission, India, and Chairman of India Development Foundation, in the rank of a Union Cabinet Minister. He has also previously served on several Government Task Forces including as Chairman of the Tariff Commission, Chairman of the Implementation of the Fiscal Responsibility and Budget Management Act. He has served as the Chairman of NSE, and as Chairman (Elect), Forum of Federations, Ottawa, Canada. He has also represented the Government of India on Global Forums as Executive Director for India, Sri Lanka, Bangladesh & Bhutan at the International Monetary Fund, Washington D.C., U.S. and has previously served as Director at the United Nations Conference on Trade and Development. Dr. Kelkar holds a B.S. degree from the University of Pune and M.S. Degree from the University of Minnesota (USA). He also holds a Doctorate of Philosophy in Development Economics from the University of California at Berkeley, U.S. He is the recipient of the prestigious “Padma Vibhushan” award in 2011 for his exemplary service to India.

Haigreve Khaitan

Mr. Haigreve Khaitan is Non-Executive Independent Director of the company. He is a Partner at Khaitan & Co since 1995 and heads the Firm's M&A and Private Equity practice. Haigreve started his career in Litigation and then moved on to specialize in Corporate Law. Mr. Haigreve Khaitan has rich experience in all aspects of Mergers & Acquisitions- due diligence, structuring, documentation involving listed companies, cross border transactions, medium and small businesses etc., in restructuring – such as advice and documentation involving creditors restructuring, sick companies, de-mergers spin-offs, sale of assets etc and Foreign Investment, Joint Ventures and Foreign Collaborations. He advises a range of large Indian Conglomerates and multinational clients in various business sectors including infrastructure, power, telecom, automobiles, steel, software and information technology, retail etc.

Seturaman Mahalingam

Shri. Seturaman Mahalingam is Additional Non-Executive Independent Director of the Company. Prior to becoming the Chief Financial Officer in February 2003, Mr.Mahalingam has managed many of the key functions in TCS including Marketing, Operations, Education and Training as well as Human Resources. He managed the company’s operations in London and New York in the early days of TCS’ global journey. Mr.Mahalingam has also been the President of Computer Society of India, The former Chairman of the Southern Region of Confederation of Indian Industry (CII), He was also the President of the Institute of Management Consultants of India. Mr. Mahalingam is the Chairman of CII National Council Task Force on Sector Skills Councils & Employment and was a member of the Tax Administration Reform Commission (TARC) set up by the Government of India under the chairmanship of Dr. Parthasarathi Shome. Mr. Mahalingam was chosen as the best ‘CFO” in various years by Business Today, International Market Assessment (IMA), CNBC TV18, CFO Innovation, Finance Asia and Institutional Investors. In 2012, Treasury & Risk, a US based magazine named him as one of the 16 globally most influential CFOs.

Malay Mukherjee

Mr. Malay Mukherjee is Non-Executive Independent Director of the company. He has over 40 years of experience in a range of technical, commercial and managerial roles in the mining and steel industry. Between October 2009 to 2011, Mr. Mukherjee served as the CEO of the Essar Steel Global, a large integrated steel company in India. Prior to joining Essar Steel, Mr. Mukherjee was a member of the Board of Directors at Arcelor Mittal between 2008 and 2009.Between 2006 and 2008, Mr. Malay Mukherjee served as the Senior Executive Vice President at Arcelor Mittal and a Member of the Group Management Board. He was in charge of mines and operations in Africa, Asia, southern Europe (Bosnia, Macedonia), CIS, Ukraine, Kazakhstan, and also responsible for Stainless Steel, Pipes and Tubes and Technology. He also served as the COO for Mittal Steel Company between 2004 and 2006. He also served as Executive Director of Works at the Bhilai Steel Plant at Steel Authority of India Limited between 1991 and 1992. Mr. Mukherjee is a recipient of the MECON Award from the Indian Institute of Metals. Mr. Mukherjee holds a Master's degree in mining from the USSR State Commission in Moscow and a Bachelor of Science degree from the Indian Institute of Technology in Kharagpur, India. Mr. Mukherjee is a Member of Academy of Natural Sciences Kazakhstan and Life Member in the Indian Institute of Metals. He was awarded a letter of appreciation from the President of Kazakhstan for work rendered in Kazakhstan from 1995 to 1999.

Punita Sinha

Mrs. Punita Kumar Sinha is Non-Executive Independent Director of JSW Steel Limited. She was appointed on the Board of Directors in October 2012. She is the Founder and Managing Partner, Pacific Paradigm Advisors, an independent investment advisory and management firm. Prior to founding Pacific Paradigm Advisors in 2012, she was Senior Managing Director of Blackstone Group, leading Blackstone Asia Advisors as the business unit head and Chief Investment Officer. Dr.(Mrs.) Punita Kumar Sinha was also the Senior Portfolio Manager for The India Fund (NYSE:IFN), the largest Indian Fund in the US for almost 15 years and The Asia Tigers Fund (NYSE:GRR), and The Asia Opportunities Fund L.P. Dr.(Mrs) more than twenty years of experience in fund management in international and emerging markets. Mrs. Punita Kumar Sinha has a Ph.D. and a Masters in Finance from the Wharton School, University of Pennsylvania. She received her undergraduate degree in chemical engineering with distinction from the Indian Institute of Technology, New Delhi. She also has an MBA and is also a CFA Charter holder. Mrs. Punita Kumar Sinha is a member of the Boston Security Analysts Society and the Council on Foreign Relations. She is a Charter Member and Board Member of TIE-Boston.

Kannan Vijayaraghavan

Mr. Kannan Vijayaraghavan is Non-Executive Independent Director of JSW Steel Limited. He is a Fellow Member of the Institute of Chartered Accountants of India, Certified Management Consultant and Fellow of the Institute of Management Consultants. He is the chairman and founder of Sathguru Management Consultants Pvt Ltd, Hyderabad, a large consultancy and policy advisory firm founded in the year 1985. He is also Partner of DFK International, a worldwide firm of accountants and business advisors, a Visiting Fellow and Faculty, Executive Education, Cornell University, Ithaca, NY and a Regional Coordinator for Cornell University Research Programs in South Asia and South East Asian Region. Over the last twenty six years, he has handled over 300 assignments in the areas of Strategic Planning, Mergers and Acquisitions and Organisational Growth in Emerging Market related Environment. He also has wide exposure to overseas environment with consulting exposure to large Multinational and Emerging National Companies. Global Companies consulted include 20 Fortune 500 Companies, about 100 Mid Cap Enterprises and NASDAQ listed Companies. He is a member of the International Advisory Committee of AUTM and Honorary President of the Society for Technology Management (STEM), the Indian Association of Technology Management Professionals.

Pritesh Vinay

Basic Compensation