KIOCL Limited announced the appointment of Binay Krushna Mahapatra as Director (Commercial), with effect from August 30, 2022.
According to the company’s exchange filing, “we hereby inform that Ministry of Steel vide Order No. 5/1/2021-BLA dated 24.08.2022 has appointed Shri Binay Krushna Mahapatra as Director (Commercial) of KIOCL Limited from the date of his assumption of charge of the post till the date of his superannuation i.e., 31.05.2026, or until further orders, whichever is earlier. Accordingly, Shri Binay Krushna Mahapatra has assumed the charge of Director (Commercial), KIOCL Limited on 30.08.2022.”
Binay Krushna Mahapatra is a Graduate in Metallurgical Engineering passed with Distinction from National Institute of Technology (formerly known as Regional Institute of Technology), Jamshedpur in the year 1988 and started his career in the same year with RINL as a Management Trainee (Technical) and later joined NALCO in the year 2016.
He is having over 33 years of experience in Metal and Mineral Sector, out of which 27 years in Steel Industry and 6 years in Aluminium Industry covering International and Domestic Marketing, Port Handling, Logistics and Plant Operations. He took landmark initiatives for formulating strategies for various Marketing and Materials functions like Long Term Business Planning, Customer Engagement, Sales Policy, Pricing Policy, Credit Policy, Forward and Reverse e-Auctioning, Sales Realization, Business Intelligence, Logistics Planning, Materials Sourcing and Procurement Planning, Inventory Optimization, Spend Analytics, etc. As the Head of International Marketing Division of NALCO, due to his strong multi- disciplinary commercial and operational experience, NALCO could achieve the highest ever export sales turnover, since inception. During his stint at RINL, he worked in marketing, materials and production divisions of the Company, the statement said.
He was the recipient of various awards and accolades during his career and has published articles on the Aluminium Industry in reputed International Journal namely A&L of Italy and also in Aluminium Association of India (AAI) Journals. He was also the recipient of Business Excellence Award for Strategic Marketing in 2012-13 from Vishakhapatnam Chamber of Commerce & Industry (VCCI). He was adjudged the Best Region Award 2013-14 in the capacity of Regional Manager and Best Branch Award in the capacity of Branch Manager for the year 2002-03 & 2006-07 for his marketing skills and performance in RINL. Mahapatra was also the governing council member in Aluminum Association of India (AAI).
KIOCL Limited, formerly Kudremukh Iron Ore Company Limited is a government owned iron ore producer with its head office and administrative activities in Bangalore. It has a pelletisation plant in Mangalore and had an iron ore mine in Kudremukh. It is under the ownership of Ministry of Steel, Government of India.
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