Vedanta Appoints CEOs of Vedanta Iron & Steel Sector & ESL
Vedanta announced that Vedanta Iron and Ferro Alloys Business CEO Mr Sauvick Mazumdar has been appointed as CEO of Vedanta’s Iron and Steel Sector, while Vedanta’s Value Added Business Director Mr NL Vhatte will take up the role of CEO at ESL Steel.
Mr Mazumdar has been associated with the Group for almost 25 years and has diversified experience in the Iron & Steel sector including mining, exploration, logistics, iron making and business development. He was appointed as the CEO of the Sesa Goa Iron Ore Business in 2019. Post the acquisition of FACOR, Mazumdar has also been leading the Iron & Ferro Alloys Business of Vedanta. A mining engineer from NIT Surathkal, Mr Mazumdar is a member of FIMI, Goa Mineral Ore Exporters Association, FICCI and CII and has been instrumental in transforming Sesa Goa as the largest producer of Iron Ore and Merchant Pig Iron Producer and FACOR.
Mr Vhatte has a rich and diversified experience of three decades in Pig Iron, Metallurgical Coke, Steel Making and Waste Heat Recovery Power plants and will now Head ESL Steel, which was acquired by Vedanta to diversify into the steel industry in 2018. An Electrical engineer with MBA in finance, Vhatte has a successful track record of driving the growth of Vedanta's value-added business from 0.3 to 1 million tonnes as the largest merchant pig iron producer with the lowest cost.