New Delhi, May 10 -- Dr Ashok Kumar Panda has assumed charge as Chairman & Managing Director of Steel Authority of India Limited (SAIL) on May 9, the SAIL statement said here.

He served as Director (Finance) of the company and also had the additional charge of Director (Commercial) for about nine months during this period.

Academically, Panda has done BE in Electrical Engineering in 1992 and began his career as a Management Trainee (Technical) in SAIL.

During his tenure as Director (Finance) he spearheaded several strategic initiatives aimed at improving operational efficiency and overall profitability of the organisation.

Published by HT Digital Content Services with permission from United News of India....