Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, has appointed former Chairman and Managing Director of Steel Authority of India Limited (SAIL) Anil Kumar Chaudhary as managing director of its metals and mining business.
He will be a member of the executive committee and will play a key role in driving investment strategy and growth in the metals and mining industry, domestically and globally, a company statement said.
Chaudhary also served as chairman of International Coal Ventures Ltd. (ICVL) and Mjunction Services Ltd. He also served as Chairman of Steel Research and Technology Mission of India (SRTMI). He is currently Chair of PHDCCI’s Minerals and Metals Committee.
Chaudhary will lead and execute a strategic business plan for Essar Capital’s metals and mining vertical, its growth and value creation.
J. Mehra, Vice President and Operating Partner, Metals and Mining, said, “We welcome Anil to the Essar family and firmly believe that he will bring his impeccable record of leadership and business operations to that he will take over the Metal & Mining business. to new heights. At Essar, we look forward to his meaningful contribution and the new perspectives he will bring to the table.”
The company’s metals and mining vertical is committed to providing greener solutions focused on the supply of pellets. It is at an advanced stage of development and execution of projects in India and the United States and is making inroads into the steel industry, both in India and in the Middle East region.
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