Dr. Ashok Kumar Panda Appointed Chairman & Managing Director Of SAIL

Dr. Ashok Kumar Panda has been appointed Chairman and Managing Director (CMD) of Steel Authority of India Limited following a recommendation by the Public Enterprises Selection Board at a selection meeting.

Dr. Panda is currently Director (Finance) and has held the additional charge of Director (Commercial) since April 2025. During his tenure, he has been involved in measures related to debt reduction, cost control, tax planning, invoicing systems, and internal policy changes. He has over three decades of experience at SAIL, where he joined as a management trainee in 1992 and worked across plants and units. His areas of work include financial accounting, budgeting, taxation, treasury operations, and strategy. Dr. Panda holds a degree in electrical engineering, a postgraduate diploma in finance from XIM Bhubaneswar, and a doctorate in business finance. He has also worked on mining, plant operations, and project execution within the company.

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