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Business EconomyPosted at: Jan 21 2022 1:26PM


Essar Capital names ex-SAIL chief as its CEO for metal and mining biz

New Delhi, Jan 21 (UNI) Essar Capital on Friday announced to appoint former Steel Authority of India Limited (SAIL) chief Anil Kumar Chaudhary as CEO of its metal and mining vertical.

Chaudhary will be the member of the Executive Committee of Essar Capital and will play a key role in driving the investment strategy and growth in the metals and mining business both domestically and globally.

“We welcome Anil to the Essar family and firmly believe that he will bring his impeccable track record in areas of leadership and business operations and will take the Metal & Mining business to new heights. We at Essar look forward to his significant contribution and fresh perspectives that he will bring to the table,” said J Mehra, Vice Chairman and Operating Partner, Metals and Mining, Essar Capital.

Essar Capital's metal and mining vertical is at an advanced stage of developing and executing projects in India and the US. It is also foraying into iron and steel making, both in India and in the Middle East region.

Essar Capital is the investment manager of Essar Global Fund Limited (EGFL). It monitors and manages the entire portfolio of investments owned by EGFL.

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