Vedanta elevates two of its industry veterans to drive sustainable growth in the Iron & Steel sector. Sauvick Mazumdar, who was earlier the CEO of Vedanta Iron and Ferro Alloys Business, has been elevated as the CEO of Vedanta’s Iron and Steel Sector. On the other hand, NL Vhatte, who earlier was the Director of Vedanta – Value Added Business, has been promoted as CEO- ESL Steel.
Commenting on the two top-level appointments, Vedanta Group CEO Sunil Duggal said: “At Vedanta, our constant endeavor is to develop leaders from within the organization. I congratulate Mr. Sauvick Mazumdar and Mr. NL Vhatte for this much-deserved elevation. With their rich and diversified experience, I am sure that we will take our Iron & Steel business to greater heights with a strong emphasis on safety, environment, and sustainable growth.”
Sauvick Mazumdar has about 25 years of experience in the Iron & Steel sector including mining, exploration, logistics, iron making, and business development. He is a mining engineer from NIT- Surathkal and has driven growth to Vedanta’s Iron Ore Business. Mr. Mazumdar is also a member of FIMI, Goa Mineral Ore Exporters Association (GMOEA), FICCI, and CII.
“I am delighted and extremely happy to have been named as the CEO of Vedanta’s Iron & Steel Sector. It was my dream to once lead the group when I joined the organization as a management trainee in 1994 and I feel blessed when I look at my journey so far. I thank the management for their trust in me and I am eagerly looking forward to this new role,” Mr. Mazumdar said.
NL Vhatte holds an Electrical Engineering degree and an MBA degree in Finance. He has a successful track record of driving the growth of Vedanta’s Value-Added business (VAB) from 0.3 to 1 million Tone. Mr. Vhatte has profuse experience in Pig Iron & Metallurgical Coke production and played an important role in the product diversification journey of Sesa Goa Iron Ore Business into Pig Iron Production, Metallurgical Coke, and generation of Green power.
According to Mr. Vhatte: “It’s an honor to be a part of the Vedanta group and Head ESL Steel Limited. I have been serving SESA Goa Limited for 27 years and it is a huge push for me personally to be appointed as the CEO of ESL Steel Limited. I want to thank the management and the executive committee for reposing their trust in me and my abilities to lead. I am very excited for this new role and I will do the best in my power to make this role a success.”
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