In a regulatory filing to BSE Jindal Steel & Power (JSPL) has announced Naushad Akhter Ansari, the current CEO of JSPL has been designated as the Joint Managing Director of the Company. He joined JSPL as Executive Director at Patratu unit, after over three decades stint with Tata Steel. During his tenure at Patratu, he was instrumental in commissioning 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 achieved 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, Ansari joined Corporate Office to spearhead JSPL's steel business. He took varied measures which resulted in JSPL recording a net profit after 13 consecutive loss-making quarters.
@EPC World Media