New Delhi 9th December 2017: The Public Enterprises Selection Board (PESB) has held interview for the selection of Director (Engineering and…
New Delhi 07 November 2017: The Public Enterprises Selection Board has held interview today for selection for the post of CMD, KIOCL Limited. The board has recommended the name of Mr. M V Subba Rao for the post of CMD at KIOCL Limited.
Mr. Rao has been already assigned additional charge of Chairman & Managing Director w.e.f. 01.07.2017 along with the responsibility as Director (Commercial) since February 2013.
He is B.Tech (H) in Metallurgy from NIT Warangal, DIM, PGD in Marketing and MBA (Marketing).s Director (Commercial), Sri MV Subba Rao has been entrusted Additional Charge of the post of Chairman-cum-Managing Director w.e.f. 01.07.2017
Shri MV Subba Rao with more than 3 decades of experience in Steel Industry with State, Central & MNC companies, has taken over the Additional Charge of Chairman-cum-Managing Director of the Schedule ‘A’, Mini-Ratna, Category I Company, KIOCL Limited, under the auspices of Ministry of Steel, Government of India.
In addition to the above assignment, Shri Rao will continue to look after commercial & purchase activities of the organization. He holds Master’s Degree in Marketing, Bachelor’s Degree in Metallurgy along with PGD in Marketing. He Started his professional career as a Production In-charge with M/s Mittal Group and later on shifted to M/s A.P Steels Ltd., (A PSU under AP Govt.), Vikram Ispat (A unit of Grasim Industries Ltd.) for career growth. He has led number of pioneering projects viz., Introduction of Gas based DRI/ HBI in primary & secondary steel sectors.
Mr. Rao with his commercial acumen and positive outlook has established sustainable business relationship with customers, partners, suppliers and stakeholders across the world. A scrupulous planner and a fast-pace executor makes sure that the business continues to grow by way of developing new market opportunities whilst maintaining existing customer base. He has been the idea behind various strategies which led KIOCL towards revenue and profitability growth. He has been instrumental in improving the bottom line of the company through various approaches.
With his vast experience and expertise in the field of Metallurgy, Shri M V Subba Rao has presented and published several technical papers related to Steel Making Sponge Iron, Modernization of Steel Industry etc.