Steel Authority of India Limited — Others, 01-05-2025: Appointment

Steel Authority of India has announced a board meeting appointing Dr. Ashok Kumar Panda as Director (Finance). With over 30 years at the company, he brings deep expertise in finance, treasury, taxation, and strategic management. Dr. Panda has led initiatives like reducing borrowings by Rs. 20,000 crore, cost optimization, revising fixed asset sales policy, and transitioning to a new tax regime, driving profitability and operational efficiency. His leadership is expected to strengthen SAIL’s financial management amid ongoing strategic priorities.