Cooling water pours on to red hot steel slabs in the slab casting shop at a Jindal Stainless Ltd. factory in Hisar, Haryana. (Photographer: Udit Kulshrestha/Bloomberg)

Jindal Steel & Power Names Naushad Ansari As Joint Managing Director

Jindal Steel and Power Ltd. on Tuesday named Naushad Akhter Ansari as its joint managing director with immediate effect.

Earlier, Ansari was the chief executive officer of company’s steel business.

“Nausad Akhter Ansari has been elevated as joint managing director. Ansari, the current CEO of steel business will assume the role with immediate effect,” the company said in a statement.

Ansari joined Jindal Steel and Power group as executive director at Patratu unit in September 2008. During his tenure at Patratu, he commissioned two rolling mills of combined capacity of 1.6 million tonnes per annum.

Subsequently, he became executive director-incharge of Jindal Steel and Power Raigarh as well as whole time director.

“He was actively involved in setting up and turnaround of Jindal Shadeed Iron & Steel Co,” the statement said.

Part of the $18-billion OP Jindal Group, Jindal Steel and Power is an industrial powerhouse with a dominant presence in steel, power, mining and infrastructure sectors.