The Business Bytes
TBB BUREAU
NEW DELHI, JANUARY 1, 2021
Soma Mondal has taken over as Chairperson of state-owned Steel Authority of India Limited (SAIL) with effect from January 1, 2021. Prior to the new assignment, she was serving as the Director (Commercial) of SAIL.
Addressing the SAIL collective after assuming the charge today, Mondal said, “SAIL has a rich legacy with enormous contributions from its employees and leadership over the decades. It has been at the forefront of the nation building… Our immediate focus is to improve the top-line and the bottom-line of the company. We are charting out all strategies to improve value for all our stakeholders and make it structurally stronger.”
Mondal was instrumental in introducing new marketing strategies and products at SAIL enriching the company’s product basket. Under her able leadership, the company launched niche branded products like NEX (Structural) and SAIL SeQR (TMT bars). Both these products have emerged as best-in-class in their respective categories.
A graduate in Electrical Engineering from the National Institute of Technology, Rourkela in 1984, Mondal started her career as a Graduate Engineer Trainee at NALCO and rose to become Director (Commercial) there. She joined SAIL in 2017 as the Director (Commercial) and subsequently has become the Chairperson of SAIL.
