New Delhi: Amarendu Prakash is set to be next Chairman of Steel Authority of India (SAIL), a Maharatna PSU under the Ministry of Steel. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel recently. Presently, he is serving as Director in-charge at SAIL’s Bokaro Steel Plant.
Prakash has been recommended for the post of Chairman of SAIL from a list of nine candidates, who were interviewed by the PESB selection panel in its selection meeting held on April 12. Out of nine candidates, five candidates were from SAIL and one each from NMDC Limited, MOIL Limited, Indian Railways Stores Service and Indian Railways Service of Electrical Engineering.
Prakash is a B.Tech in Metallurgy from BIT Sindri (Ranchi University). He is an accomplished technocrat and possesses over 28 years of experience, comprising 24 years in Plant Operations at BSL and four years at Chairman’s office in SAIL. Prakash began his career at SAIL in year 1991 with posting in Rolling Mills. During the long stint of 20 years in BSL, he mastered the art of steel rolling and finishing.
Prakash, played a crucial role in timely completion of upgradation of Hot Strip Mill (HSM) in 1997 and 2007, implementation of ERP and six sigma certification in the HSM and was the driving force behind setting-up of technology hub to serve as a think-tank for research in hot rolling, coordinating patenting and copyright activities. Under his able leadership, patent on technical design of Reheating Furnaces was successfully filed.
As a key member of the Production and Sales Planning team, he was instrumental in strategizing the overall production and manufacturing of quality products mix for maximization of revenue. He pioneered the business analytics division for a product mix optimization, identify investment needs and proactive analysis of business information to customize production as per market trends.
