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Amarendu Prakash Takes Over As SAIL Chairman

He succeeds Soma Mondal, who retired from the post on April 30, 2023.

<div class="paragraphs"><p>Steel Authority of India signage. (Photo:&nbsp;Adnan Abidi/Reuters)</p></div>
Steel Authority of India signage. (Photo: Adnan Abidi/Reuters)

Steel Authority of India Ltd. on Wednesday said Amarendu Prakash has assumed the charge as the company's Chairman.

He succeeds Soma Mondal, who retired from the post on April 30, 2023.

In a regulatory statement, SAIL said, "Amarendu Prakash, Director (in-charge at SAIL's Bokaro Steel Plant, SAIL) has joined as Chairman SAIL with effect from May 31, 2023."

A BTech in Metallurgy from BIT Sindri, Prakash is an accomplished technocrat and possesses over 30 years of experience, comprising 24 years in plant operations at BSL, four years at the Chairman's office in SAIL, and two years as a director on SAIL board as an in-charge of BSL.

He began his career at SAIL in 1991, with a posting in rolling mills.

SAIL, under the Ministry of Steel, is the country's largest steel-making company, with an annual capacity of around 21 million tonnes.