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S. K.

Roongta

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Sushil Kumar Rongta is the former


Chairman of Steel Authority of India Ltd.
(SAIL)(Aug 2006-May2010). SAIL is one of
India's largest public sector companies. He
is an alumnus of BITS Pilani and Indian
Institute of Foreign trade(IIFT).
S.K. Roongta [1]

Nationality Indian

Citizenship India

Alma mater Indian Institute of


Foreign Trade (IIFT)
BITS, Pilani[2]

Occupation Chairman of SAIL


President of
Institute for Steel
Development &
Growth.
He was also the first Chairman of
International Coal Ventures Limited (ICVL)
– a JV of five leading PSUs viz. SAIL, CIL,
RINL, NMDC & NTPC.

He was a member of various Apex


Chambers - Chairman of ‘Steel Committee’
of FICCI, member of National Council of
CII and Advisory Council of ASSOCHAM.
Mr. Roongta was also President of
Institute for Steel Development &
Growth.He is presently Mentor of Non
ferrous metal committee of FICCI.
Mr. Roongta was a member of the
Executive Committee of the World Steel
Association - the Apex Body for
formulation of policy for world steel.

Mr. Roongta is the recipient of a number of


awards including [Standing conference of
public enterprises|SCOPE Award for
Excellence & Outstanding Contribution to
the Public Sector Management] –
Individual Category 2007-08 and IIM-JRD
Tata award for excellence in Corporate
Leadership in Metallurgical
industries,2016.
He has been part of various think tanks
and is widely regarded as one of the
principal experts in the field of metal,
power and public sector turnarounds. He
was Chairman of ‘Panel of Experts on
reforms in Central Public sector
enterprises’ constituted by Planning
Commission, widely known as ‘Roongta
Committee’, its report is taken as
benchmark for Public sector Reforms
today.

Under Mr. Roongta’s leadership, SAIL


achieved new landmarks in physical and
financial performance. Operating at 115%
of its rated capacity, it had posted a PBT
of over Rs. 9,400 crores in FY’09 and
emerged with second highest net profit
amongst all steel producers of the world.

Mr Roongta has been and continues to be


director on multiple corporate boards.He is
also associated with educational
institutions and Non profit organisations.
He was chairman of Board of Governors of
IIT-Bhubaneswar.

Career
Mr. Roongta started his career in 1972 as
a marketing executive in SAIL. He held
several vital positions in the marketing
division of the company before being
elevated to the SAIL Board as Director
(Commercial) in 2004. He also headed HR,
Corporate Planning and Raw Materials
Division functions of the company as
Director (Personnel).

He is also the first Chairman of


International Coal Ventures Limited (ICVL)
– a JV of five leading PSUs viz. SAIL, CIL,
RINL, NMDC & NTPC. [1]
Under Mr. Roongta’s leadership, SAIL has
achieved new landmarks in physical and
financial performance. SAIL is operating at
115% of its rated capacity, and has
brought about continuous improvement in
its productivity & cost competitiveness. It
has posted a profit (before tax) to the tune
of over Rs. 9400 crores in FY’09 making it
a leading company in terms of profitability.

With initiatives taken by SAIL under the


guidance of Mr. Roongta, SAIL’s net profit
of Rs. 2813 cr. (US $570 million) during
H1’09 was the highest among all steel
producers in the world. [3]

Awards and recognition


Roongta is a member of the Executive
Committee of FICCI and is also Chairman
of its ‘Steel Committee’, member of
National Council of CII and Advisory
Council of ASSOCHAM and is represented
in several committees of CII viz., National
Committee on Mining, CEOs Council on
Manufacturing, National Committee on
WTO & Trade Agreement and Apex Council
on PSUs. Mr. Roongta also heads the
Institute for Steel Development & Growth
(INSDAG) as its President. He is a Council
member of the All India Management
Association (AIMA), Member of the
General Body of BITS, Pilani and several
other professional bodies.

Roongta has been appointed as the


Chairman of the Board of Governors of the
Indian Institute of Technology,
Bhubaneswar starting 2 November 2012.

Roongta has been appointed as a member


of the Executive Committee of the World
Steel Association (WSA) w.e.f. Oct’09. The
Executive Committee of the WSA is the
Apex Body in the steel industry which is
responsible for discussion and
formulation of policy for world steel. The
committee consists of 15 members -
CEOs of select world class steel
producers. Mr. Roongta will be the only
CEO from India in this committee. [4]

Roongta is the recipient of a number of


awards including SCOPE Award for
Excellence & Outstanding Contribution to
the Public Sector Management –
Individual Category 2007-08. [5]
References
1. http://sail.co.in/aboutus.php?
tag=company-chairman
2. http://www.iiftian.com/description.php
?mode=feature&Id=11
3. "SAIL 'steels' the show, tops world in
profit stakes" . Rediff. 9 October 2009.
Retrieved 1 September 2018.
4. http://steelguru.com/news/indian_ne
ws/newsid/MTE1ODE1/title/Mr_SK_R
oongta_elected_as_member_of_world
steel
5. http://www.scopeonline.in/skroontga_
excellence_award.htm

External links
S K Roongta's profile on the SAIL
Website

Retrieved from
"https://en.wikipedia.org/w/index.php?
title=S._K._Roongta&oldid=934184460"

Last edited 3 months ago by 122.162.123.216

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