Board of Directors

  • Mr. Bandi Satish Kumar Chairman & Managing Director, Non-Independent Executive Director
  • Mr. Bandi Ramesh Kumar Joint Managing Director, Non-Independent Executive Director
  • Mr. Bandi Suresh Kumar Joint Managing Director, Non-Independent Executive Director
  • Mr. V.V. Krishna Rao Non-Independent Non-Executive Director
  • Mr. Bavineni Suresh Non-Independent Non-Executive Director
  • Mr. Yendamuri Siva Sagar Rao Independent Non-Executive Director
  • Dr. Emandi Sankara Rao Independent Non-Executive Director
  • Mrs. Sujata Chattopadhyay Independent Non-Executive Director
  • Mr. Ramineni Ramachandra Rao Independent Non-Executive Director
  • Mr. Chivukula Siva Prasad Independent Non-Executive Director
  • Mr. Kodali Krishna Rao Independent Non-Executive Director
  • Mr. Shyam Jagetiya Non-Executive (Nominee) Director

Mr. Bandi Satish Kumar

Chairman & Managing Director, Non-Independent Executive Director

Mr. Bandi Satish Kumar is responsible for planning, strategic leadership and change management. He has 35+ years of industry experience and has worked in senior roles in white goods/engineering goods manufacturing, oil rigs and transport sectors. He has also handled field level projects in logistics, value chain management and ERP solutions for the engineering and oil sectors. He has extensive experience in project management and international business development. He holds a B.Tech in Mechanical Engineering from the National Institute of Technology, Kurukshetra and an MBA from the University of Queensland, Australia.

Mr. Bandi Ramesh Kumar

Joint Managing Director, Non-Independent Executive Director

Mr. Bandi Ramesh Kumar is responsible for Plant operations and Accounts & Finance of the Company. He began his career at Bhadrachalam Paper Boards (ITC Group) as a management trainee. He then joined the Visakhapatnam Steel Plant (RINL) where he held various positions in different departments like Materials Management, Maintenance, Marketing and Systems. He has been associated with Steel Exchange India Limited since its inception. He is responsible for the operations and raw material management of the firm. He holds a B.Tech in Electrical Engineering from the National Institute of Technology - Surathkal.

Mr. Bandi Suresh Kumar

Joint Managing Director, Non-Independent Executive Director

Mr. Bandi Suresh Kumar is responsible for Sales & Marketing, Raw Material Procurement, Financing and Administration. He has previously worked at the Sirpur Paper Mills Limited before venturing into steel trading. He has more than 20 years of experience in steel industry. He holds a B.E. in Mechanical Engineering from Amravati University, Maharashtra.

Mr. V.V. Krishna Rao

Non-Independent Non-Executive Director

Mr. V.V. Krishna Rao is responsible for BIS Certifications, JPC accreditations and publications, testing of products in reputed laboratories, vendor registration and approval by major clients. He has worked in various capacities with the A.P. Scooters Limited. He was also a partner with the GSN Murthy & Co. and Anand Transport until the year 1997. He has been associated with Steel Exchange India Limited since. He is experienced in steel manufacturing, logistics & monitoring and stock yard handling. He holds a graduate degree in science and a post graduate degree in arts.

Mr. Bavineni Suresh

Non-Independent Non-Executive Director

Mr. Bavineni Suresh has worked with NCL Seccolar as a Production Engineer and with Coromandel Paints & Chemicals Limited as a Marketing Executive. He was also a partner with the GSN Murthy & Co. and Anand Transport. He holds a B.Tech in Mechanical Engineering from Nagarjuna University, Andhra Pradesh and an M.B.A from Andhra University, Andhra Pradesh.

Mr. Yendamuri Siva Sagar Rao

Independent Non-Executive Director

Mr. Yendamuri Siva Sagar Rao is a well know veteran of the steel industry with an experience spanning almost 4 decades. He started his career at SAIL's Bokaro Plant and rose his way through the ranks to become the CMD of Vizag Steel Plant (RINL). As CMD of RINL he was responsible for expansion of the plant from a capacity of 3.6 MTPA to 6.3 MTPA. Post his retirement from RINL he served as JMD & CEO of JSW Steel Vijayanagar Works from 2007 to 2009. Mr. Rao is a member of many esteemed institutions & organizations of the Steel Sector. He has also been the recipient of multiple awards such as the Jawaharlal Nehru Award and the Rajiv Ratna National Award. Mr. Rao holds a B.E. Mechanical qualification from JNTU Kakinada, Andhra Pradesh.

Dr. Emandi Sankara Rao

Independent Non-Executive Director

Dr. Emandi Sankara Rao recently retired as Managing Director & CEO of IFCI Ltd, the oldest Financial Institution and the first Development Finance Institution of India. He also concurrently served as the Chairman of IFCI group companies and of the Management Development Institute, Gurgaon. He has over 30 years of experience in senior roles with leading Financial Institutions like IIFCL, IDBI & IDFC in the areas of Project & Corporate Finance, Private Equity, Investment Banking and Infrastructure Development. Dr. Rao has also been a member in the RBI Sub-Group on Infrastructure Finance and Sub-Group on Financing Urban Infrastructure in the 12th Five Year Plan, and also a member in the Ministry of Finance – DFS Committee on Debt Market Development and contributed to several research & policy papers in various National and International Conferences & Workshops. He is also an Independent Director for Delhi International Airports Limited, GMR Infrastructure Limited & Coastal Corporation. He holds a PhD. from IIT Bombay, M.Tech from IIT Kharagpur, PGDBA from Pondicherry Central University and B.E. in Electrical Engineering from Andhra University.

Mrs. Sujata Chattopadhyay

Independent Non-Executive Director

Mrs. Sujata Chattopadhyay is a Cost Accountant and Company Secretary by qualification. She has over 30 years of experience in conducting cost audit of entities in the manufacturing, textile, cement, FMCG products and pharmaceuticals sectors. She was also a whole time director of a Merchant Banking company during which she undertook valuation and handled IPO of SMEs and engaged in detailed due diligence of entities from a listing point of view. She is also a Registered Insolvency Professional. She is also an Independent Director for Polygenta Technologies, Vakrangee Limited, Felguera Gruas India Private Limited, Industrial Investment Trust Limited, IITL Projects Limited, Resolve International Private Limited.

Mr. Ramineni Ramachandra Rao

Independent Non-Executive Director

Mr. Ramineni Ramachandra Rao is the Managing Director of Merlinhawk Aerospace Pvt Ltd, a company he founded in 1984. Merlinhawk is into the aerospace and defence sector in India and is a leading player in the industry. Apart from work, Mr. Rao enjoys actively managing his vineyard in Bangalore in addition to travelling and wildlife. Mr. Rao also runs a charitable trust to support terminally ill patients. He is a graduate of NIT Kurukshetra (B.Eng - Electronics) and IIT Delhi (M.Sc - Optical Communications).

Mr. Chivukula Siva Prasad

Independent Non-Executive Director

NA

Mr. Kodali Krishna Rao

Independent Non-Executive Director

NA

Mr. Shyam Jagetiya

Non-Executive (Nominee) Director

Mr. Jagetiya is Group Chief Financial Officer of Vishwa Samudra Group of Companies. He is part of the core management team of the Group and responsible for overall financial health of the Group balance sheet, its profitability and cashflow position, treasury, tax, secretarial, controllership, recording and reporting. He is also responsible for other key strategic decision making of the Vishwa Samudra Group of Companies. He has almost 27 years of rich experience in various facets of financial management. He started his career with Industrial Development Bank of India and subsequently, held senior positions in several large Corporations in India engaged in manufacturing and service sectors before joining the Vishwa Samudra Group. He is a rank holder Chartered Accountant with a B.Com degree. He is also a Cost & Management Accountant.

Management Team

  • Mr. A. Suresh Babu Chief Financial Officer
  • Mr. Bandi Mohit Sai Kumar Vice President - Commercial
  • Mr. Bandi Bansidhar Asst. Vice President - Operations

Mr. A. Suresh Babu

Chief Financial Officer

Mr. Suresh Babu is a Commerce Graduate and an Associate Member of the Institute of Chartered Account of India (ICAI). He has over 25 years of experience in the areas of Finalization of Accounts, Audits, Working Capital Management, Project Finance, Taxation etc. He is well versed with matters relevant to the Income Tax, Treasury Management viz. negotiating with Financial Institutions and Banks in relation to obtaining the Loans, Fund Management, Forward Contracts and Foreign Exchange Management.

Mr. Bandi Mohit Sai Kumar

Vice President - Commercial

Mr. Mohit Sai Kumar majorly deals with Raw Material Procurement and Sales & Marketing. He is the mastermind behind the firm's new & innovative marketing strategies. He holds a B.Tech in Metallurgical Engineering and a joint MBA in International Business from GITAM School of International Business & The University of Paris.

Mr. Bandi Bansidhar

Asst. Vice President - Operations

Mr. Bandi Bansidhar majorly deals with Administration & Financing in addition to aiding in development of plans to diversify into new areas of business. He has previously worked with NITI Aayog and Ministry of Home Affairs in the areas of Energy, Metals, Minerals & Circular Economy as part of a coveted group of young professionals selected annually. He holds a B.S. Energy, Business & Finance from the Pennsylvania State University and an M.S. Mineral & Energy Economics from the Colorado School of Mines.

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