Monday, March 12, 2012

Mr. Jitender Pal Verma joins Jindal Stainless Limited as ED Finance.


Mr. Jitender Pal Verma has joined Jindal Stainless, as Executive Director, Finance Mr. Verma is a Commerce Graduate from Delhi University and a “Fellow” member of the Institute of Chartered Accountants of India (ICAI). He is also a Graduate member of Institute of Directors, Thailand.

He has a rich experience of 25 years at senior management level in India and Overseas across various industries, including last 7 years in Stainless Steel industry. 

Prior to joining Jindal Stainless Limited, he served ‘Thainox Stainless PLC’ (a Thai-Listed entity and an earlier subsidiary of Arcelor-Mittal Group) as CFO, Acting Managing Director and Board member from 2005 till 2011. He also served ‘Dole Food Inc.’, a US Fortune 500 MNC in various capacities like Finance Director, Thailand; Regional Treasurer, Asia, based at Hong Kong; Finance Director - Asia, based at Manila, during the period 1998 to 2005. Prior to that, he served ‘Seagate Technologies, a US Fortune 500 MNC’ as Director - Finance during 1996 to 1998.  He was also associated with G.P. Group of Companies and East India Hotels Limited, during early part of his professional career.

About Jindal Stainless:

A part of the O. P. Jindal Group, Jindal Stainless is India's largest and the country's only fully integrated Stainless Steel manufacturer. Jindal Stainless has grown from an indigenous single-unit Stainless Steel plant in Hisar, Haryana, to the present multi-location and multi-product conglomerate.

Jindal Stainless is a globally recognized producer of stainless steel flat products in Austenitic, Ferritic, Martensitic and Duplex grades. Its product range includes Ferro Alloys, Stainless Steel Slabs & Blooms, Hot Rolled Coils, Plates, Cold Rolled Coils and Specialty Products such as Razor Blade Steel, Precision Strips and Coin Blanks.

Jindal Stainless’ Hisar plant is India’s only fully integrated Stainless Steel plant with a capacity of 800,000 tons per annum. The Plant’s product range includes Slabs & Blooms, Hot Rolled Coils, Strips, Plates and Cold Rolled Coils.

Jindal Stainless is the world’s largest producer of Stainless Steel strips for razor blades. Our Specialty product division caters to the high end precision and specialty stainless steel requirements of reputed Indian and International customers.

Jindal Stainless is also India’s largest provider of coin blanks, serving the needs of India and International mints.

Second unit of Jindal Stainless is in the eastern part of India located in the state of Odisha. The plant comprises of 250,000 tons per annum of Ferro Alloys facilities and 1 million tons of stainless steel making facilities with state-of-the-art technology and equipments. The complex equipped with captive power generation facility is eventually scalable up to 320,000 tons per annum of stainless steel making, Therefore, making it the world’s largest stainless steel facility at single site.

No comments: