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Essar Group Appoints New CFO
10/29/2010 - The Essar Group announced the appointment of V Ashok as the Chief Financial Officer for its India operations. He takes over for V G Raghavan, who has retired after more than 34 years with Essar.
The Essar Group announced the appointment of V Ashok as the Chief Financial Officer for its India operations. He takes over for V G Raghavan, who has retired after more than 34 years with Essar.
Raghavan will continue his association with the group as a Special Advisor and also will continue to be on the GMC (Group Management Committee). He will be Essar's nominee on Boards of its several companies and will also be part of the various management and executive committees of the GMC.
V Ashok has been with the Essar Group for more than 13 years, joining the Finance team of Essar Shipping in 1997. He was responsible for structuring and closely supporting the Shipping Business Group in its transformation from a shipping company into a comprehensive Shipping, Ports & Logistics Business. V Ashok has more than two decades of experience in finance, accounts, and audit in the manufacturing and service sectors.
The Essar Group is a multinational conglomerate and a leading player in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Projects and Minerals. With operations in more than 20 countries across five continents, the Group employs 60,000 people, with revenues of USD 15 billion.
