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Management team

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Mr Rajiv Agarwal, Managing Director & CEO

Mr Agarwal is a qualified Chartered Accountant, Cost and Works Accountant and Company Secretary and has over 25 years of rich and varied experience in industries like Retail, BPO, Telecom, Manmade fibres, Shipping and Logistics., and has successfully led businesses as CEO since 1992, mainly in telecom services and shipping, logistics and ports sectors.

Mr Agarwal was the CEO of Modi Champion during 1992-94 and Joint Managing Director of Modi Korea Telecom during 1994-97. He joined the Essar Group in 1997 as Chief Operating Officer in Essar Telecom. Mr Agarwal served on the Board of many public listed companies in India and the United States. He has held the position of Chief Financial Officer and Executive Director on the Board of this Company during 1998-2002.

Mr Agarwal was the President of IndoRama Synthetics Limited during 2002-2004. He held the position of CEO and Director of The Mobile Store Limited and created a well-recognised and strong Indian telecom brand in just two years.

Mr Agarwal has won a series of accolades and awards including CEO of the Year Award – 2009 Asia Retail Congress; Retail Professional of the Year: 2008 at Franchise India; and Best Retailer in Telecom Segment – over two years at the India Retail Forum.

Mr Agarwal is also a Director on the boards of various other Indian companies.

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Mr K K Sinha, Chief Executive Officer

Mr Sinha has done his B.Sc (Engg) in Mechanical Engineering from BIT, Sindri and has obtained his Masters in Business Administration from FMS, University of Delhi.

Mr Sinha has over 32 years experience with industry majors such as Petronet India Ltd., Indian Oil Corporation and Bokaro Steel Ltd.

Prior to joining Essar, he was Managing Director at Petronet India Ltd, a position he held since 2000.

Mr Sinha has served Indian Oil Corporation for over 27 years in various capacities. As Executive Director, he was responsible for implementation of the entire pipeline project of IOC.

Mr Sinha is also a Director on the boards of various other Indian companies.


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Mr AS Bali, Director - Finance

Mr AS Bali has done his B.Com. (Hons) from Delhi University and obtained his Masters in Business Administration and MS (Finance) from Northern Illinois University, USA.

Mr Bali has over 25 years of rich and varied experience in financial markets with Fortune 100 Companies such as American Express Bank Limited, GE Capital, Standard Chartered Bank PLC, etc in Canada, USA, Indonesia and India.

Mr Bali joined Essar Services India Limited as Head – Investor Relations, Asia, and was responsible for establishing new and deepening existing investor relations.

Mr Bali is also the Promoter Director of Fore Consultants (P) Limited, a boutique advisory and consulting firm engaged in strategy and financial management of mid-sized companies in tourism infrastructure development. 

He has also been associated with Standard Chartered Bank PLC in various capacities as a senior banker. In addition, he was with GE Capital Services (India) for five years as Vice President, Commercial Finance.

Mr Bali was also Director in Corporate Banking at American Express Bank Limited, prior to which he was associated with Vilas Investment Inc., Illinois, USA and Markham Computers Inc., Canada.

Mr Bali is a certified Six Sigma Green Belt and certified Risk Professional.

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Capt Subas Das, Wholetime Director and CEO, Essar Bulk Terminal Limited
Capt Das, is a Master Mariner with over 24 years of experience in the marine industry, having served at sea and managed onshore assignments with leading shipping companies such as Shipping Corporation of India, J.B. Boda Marine and General Survey Agencies Private Ltd.

Capt Das has been associated with the Essar Group for over 17 years in several roles and assignments. He joined the Group in 1992 as General Manager (Operations) in Essar Shipping Ports and Logistics Limited (ESPLL) and has also held other key responsibilities in ESPLL and Essar Steel Limited.

In his previous role as Senior Vice President and Chief Operating Officer, Essar Logistics Limited (ELL), he has been responsible for managing the operations and business development of the company.

Capt Das is presently the Wholetime Director and Chief Executive Officer of Essar Bulk Terminal Limited.
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Mr U. Venkat Rao

Mr Rao is a Science graduate and has done PG Diploma in EXIM Management with over 19 years of experience in the ports and logistics industry. Mr Rao has served in logistics and port sectors with leading companies such as N. R. International Limited, Mundra Port and SEZ Ltd. and Krishnapatnam Port Company Limited.

Mr Rao has been associated with the Essar Group for over three years and is actively involved in the development of port projects at Paradip. He is also involved on various new projects and new business initiatives for the Company.

Mr Rao has been responsible for project development, managing, operations & maintenance and business development of the cargo terminals at Paradip.


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Mr Dipankar Pal

Mr Dipankar Pal is a Mechanical Engineer from Jadavpur University, Kolkata, a MBA from Indian Institute of Management, Calcutta and has also done Advanced Management Program from London Business School.

Mr Pal has over 25 years of rich and multi industry experience in energy trading and distribution and retail, he has managed global M&A deals of upto USD 500 million across USA, Europe and Asia Pacific. He has also led to turnaround of various companies in Asia.

Mr Pal was the Deputy Managing Director of Air Liquide India Holdings Pvt. Ltd., a world leader in gases for industry, health and the environment. Prior to that he was the Managing Director of Royal Vopak N.V. (Dutch MNC), the world's largest terminaling company providing facilities of conditioned storage facilities for bulk liquids, chemicals, oil and petrochemical products. Vopak offers storage and trans-shipment solutions in 31 countries connecting the worlds major shipping lanes.

Mr Pal was also associated with SHV Gas (a Dutch MNC) as VP, Global Business Development. SHV is the worlds largest down stream trawand distribution company for LPG with a turnover of USD 24 billion in 2007. Mr Pal led the M&A team for SHV Global on investments, alliances and acquisitions. He managed acquisitions of projects in South and East Asia (including China), Australia, New Zealand, USA, Canada and Latin American countries. He has also held various other positions with SHV Gas as Managing Director, Philippines and Vice President Sales, India.

Mr Pal has also held the position as Regional Sales Director of Macro Cash and Carry an SHV Group company which owns and operates a chain of wholesale cash and carry stores across 5 countries in Asia with annual turnover of USD 3 billion. He provided functional leadership to the commercial teams in food and non-food and managed a team of 800 employees across Asia. He has also held the position of Regional Sales Manager, Eastern India of Mobil Corporation and Project Sales Engineer, Material Handling division of Larsen & Toubro limited.

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