VISA Steel Limited Annual Report 2010-11

Annual Report 2010 -11
Profile of the Board of Directors
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Vishambhar Saran,
Chairman
Mr. Saran has experience of almost 42 years in the
iron & steel industry, with over 25 years with Tata Steel
in the areas of development & operations of mines,
mineral beneficiation plants and ferro alloy plants, port
operations and international trading of raw materials for
the iron & steel industry. A mining engineer from BHU,
he rose to the level of Director (Raw Materials) in Tata
Steel before taking over as Chairman of the VISA Group
in 1994. In a short span of time, he built the VISA Group
into a minerals and metals conglomerate with a strong
global presence in Australia, China, India, Indonesia,
Singapore, South Africa and Switzerland. He is the
Honorary Consul of Bulgaria for Eastern India.
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Maya Shanker Verma,
Chairman, Finance & Banking Committee
Mr. Verma is a career banker with a multilevel and wide
ranging experience of over 50 years, encompassing
an understanding of the commercial, developmental
and investment banking as well as asset management
and capital market operations. A Master of Arts and
Certified Associate of the Indian Institute of Bankers, Mr.
Verma held senior-most and critical positions in India’s
financial system and regulatory regimes like Chairman,
State Bank of India, IDBI Bank and Telecom Regulatory
Authority of India.
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Shiv Dayal Kapoor,
Chairman, Audit Committee
Mr. Kapoor has over 42 years of rich experience in the minerals
and metals industry. He is the former Chairman of MMTC Limited
and Neelachal Ispat Nigam Ltd. and had been on the Board of
many renowned Public Sector Enterprises. A B.Sc. in Metallurgical
Engineering from BHU and an MBA from the University of Leeds,
UK, he is a recipient of the Best Chief Executive Gold Award – Rajiv
Ratna National Award 2005 and Top CEO of the year Award 2000 –
Indian Institute of Marketing & Management, amongst others.
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Debi Prasad Bagchi,
Chairman, Selection Committee
Mr. Bagchi brings to the Board his deep knowledge of the
administrative services and the State of Orissa, especially in
the steel & mining sector. He has held prestigious positions of
authority like Additional Secretary, Commerce – Government of
India; Secretary, Ministry of Small Scale Industry – Government
of India; Chief Secretary – Government of Orissa, etc. A Master
of Arts in Economics and an M. Phil in Public Administration,
Mr. Bagchi was also the Chairman-cum-Managing Director of
Orissa Lift Irrigation Corporation and Managing Director of Orissa
Mining Corporation Limited.
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Pradip Kumar Khaitan,
Chairman, Remuneration Committee
Mr. Khaitan is a legal luminary and has extensive
experience in the fields of commercial & corporate laws,
tax laws, arbitration, foreign collaborations, mergers
& acquisitions and corporate restructuring. Mr. Khaitan is
a Bachelor of Commerce, an LLB and an Attorney-at-Law
(Bells Chamber, Gold Medalist). He is the Senior Partner of
Khaitan & Co., a leading Indian law firm and also member
of the Bar Council of India, the Bar Council of West Bengal
and the Indian Council of Arbitration.