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SAIL turnaround a challenging experience in 36 yr long career, says outgoing Chairman

SAIL turnaround a challenging experience in 36-yr-long career, says outgoing Chairman

SAIL turnaround a challenging experience in 36-yr-long career, says outgoing Chairman
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By PTI Dec 29, 2020 2:43:39 PM IST (Updated)

I have been associated with SAIL almost from the beginning of my career and have seen several ups and downs traversed by the company, said SAIL outgoing Chairman Anil Kumar Chaudhary.

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing Chairman of the country’s largest steel maker. The Chairman said he also wants to see SAIL paying back at least 50 percent of its debt in the near future.

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Chaudhary who had joined SAIL as a Junior Manager in 1984 would be superannuating from the top post on December 31, 2020, after serving the company for almost 36 years in various roles.
”I have been associated with SAIL almost from the beginning of my career and have seen several ups and downs traversed by the company… I was the Director Finance and then the Chairman during SAIL’s recent turnaround saga. SAIL emerged from the consecutive losses incurred since FY16 and turned around,” Chaudhary told.
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