Amarendu Prakash has taken charge as the new Chairman and Managing Director of Steel Authority of India Ltd (SAIL) from May 31. He was previously the Director (In-charge) of SAIL’s Bokaro steel plan.

• Prakash was previously involved in driving business transformation and financial turnaround of SAIL, which resulted in bringing back the company from a three year streak of losses, from FY16 toFY18, to being back in the black in FYI9.
• He has been leading the Bokaro Steel Plant as Director In-charge since September 2020 and briefly took on additional charge as Director In-Charge of the Rourkela Steel Plant, IISCO and Durgapur Steel Plant.
• Under his able leadership, the Bokaro Steel Plant has seen remarkable results, with the plant continuing to break production records, year after year in FY22 and FY23.