Functional Directors

Sri M. V. Subba Rao
Chairman-cum-Managing Director

Sri MV Subba Rao is a Graduate in B. Tech., (Metallurgy) from NIT, Warangal, DIM, PGD in Marketing and MBA (Marketing). Sri MV Subba Rao has been entrusted Charge of the post of Chairman-cum-Managing Director w.e.f. 01.07.2017. Read More...

Sri N. Vidyananda
Director (Production & Projects)

Sri Vidyananda Naregundy,  holds B.Tech (Mechanical) from Karnataka Regional Engineering College (Now National Institute Technology ,Karnataka), Surathkal assumed office on 01.11.2013 as Director (Production & Projects). Sri Vidyananda Naregundy is having rich experience in Beneficiation & Pelletisation. Merit award (Certificate) was given during 1990 during his tenure in KIOCL. Sri N. Vidyananda joined KIOCL as GET on 09.08.1982 & subsequently promoted to the rank of General Manager (Production) Pellet Plant Unit.

Sri Swapan Kumar Gorai
Director (Finance)

Shri Swapan Kumar Gorai is a Chartered Accountant and holds PGDBM (Finance & Strategy)  from MDI, Gurgoan. He has 31 years of diversified, multi-cultural, multi-country, multi-industry, inter functional experience in eleven large CPSU / Private / MNC Companies. His multi functional exposure include Finance & Accounts, Human Resource, Information Technology, Law and Board affairs. His expertise is particularly deep in Project Appraisal, Project Financing, Cost Estimation and Project Controlling, Fund raising and management, Taxation in MNC / large Companies both in private as well as public sectors. During his tenure in KIOCL of last two and half years, the Company has made a turn around, achieving highest turnover and profits.

Shri Gorai has a deep exposure in the areas of Fund Raising, Financial Analysis, Budgeting, Fund Management, Procurements, Bid Evaluation & Price Negotiation of EPC/ LSTK projects, Contract Management, ERP Implementation, Human Resource Management and Information Technology.  He has delivered speeches in professional seminars and has worked / visited in a number of countries abroad.

During his professional career spanning three decades, he has held various leadership positions such as Group General Manager (F & A) in Telecommunications Consultants India Limited (TCIL), General Manager (Commercial) in Foster Wheeler India Limited, General Manager (F & A) in  Kazstroy services Infrastructure India Private Limited etc. Prior to joining the Company on 11th  November 2016, he held the position of Director in TCIL Bina Toll Road Limited and TCIL Lakhnadone Toll Road Ltd.

Sri T Saminathan

Sri T Saminathan holds Degree in Mechanical Engineering and Post Graduate Diploma in Business Management and has more than 3 decades of experience in KIOCL Ltd in the iron ore Mining, Beneficiation, Palletization and Pig iron making since joining in the year 1986 as Graduate Engineer. During initial period, he served in Kudremukh mine Beneficiation Plantand later moved to Corporate Office, Technical Services Department, Bangalore in 1992 and executed projects viz: Crusher III installation, Relocation of Crusher I and installation of additional Ball Mills. Served in CMD’s Secretariat as Technical Officer to CMD for a shorter period and moved on to materials department in the year 2009. Prior to assuming charge as Director (Commercial), he was GM (Materials) heading both the Materials & CommercialDivisions. He is instrumental in bringing tolling concept which has resulted in increased Capacity utilization of Pellet Plant. He is also put in system improvement in supply chain and logistics which has resulted in reduced transit and handing losses of iron ore fines, brought down inventory holding level, framed and implemented risk management across the organization, introduced e-procurement through service provider MSTC and started GeM procurement. He is a life time member in Indian Institute of Materials management (IIMM) and Indian Institute of Mineral Engineers (IIME).

Non Functional Directors

Sri. Saraswati Prasad
Special Secretary & Financial Adviser, Ministry of Steel, Govt. of India

Sri Saraswati Prasad is an IAS Officer of the Assam Meghalaya cadre belonging to 1985 batch. He is a Post Graduate in Physics with a brilliant academic record. He has wide ranging experience working for Central as well as State Government. In the State, he has worked in various sectors like Urban Development, Management of Environment & Forest and Industrial Development besides working as District Magistrate in two districts of Assam. He has worked earlier in the Ministry of Agriculture and Ministry of Heavy Industries in the Government of India. Before joining the Ministry of Steel as Additional Secretary & Financial Adviser with the additional charge of Ministry of Micro, Small & Medium Enterprises, he worked in the Ministry of Drinking Water & Sanitation for about four years at the level of Joint Secretary and Additional Secretary, looking after the Swachh Bharat Mission (Gramin).

Sri. Saraswati Prasad is appointed as a Government Director on the Board of KIOCL w.e.f.08.02.2017

Sri. T. Srinivas
Joint Secretary, Ministry of Steel, Govt. of India

Sri. T. Srinivas is holding the post of Joint Secretary in Ministry of Steel w.e.f. 01.07.2015 and is responsible for Administration & Establishment matters as well as matters relating to KIOCL Ltd. Sri. T. Srinivas is from Central Secretariat Service (Direct Recruit) from Civil Service Examination, 1987 conducted by UPSC. Sri Srinivas holds M.A, M.Phil (JNU, New Delhi), M.D.M. (Masters in Development Management) AIM, Manila, Philippines. Sri. T. Srinivas is appointed as Government Director on the Board of KIOCL w.e.f. 15.07.2015.

Sri. Madhav Lal
Independent Director

Sri. Madhav Lal (IAS- Retd) superannuated as Secretary, Ministry of Micro Small and Medium Enterprises (MSME) on 30/06/2015. Sri Madhav Lal a civil servant joined the Indian Administrative Service in the year 1977. In his 38 years carrier Sri Lal has held various senior assignments with the Government of India, the State Government of Jammu & Kashmir and with the United Nations.

Sri Lal holds a Master’s degree in Physics from St. Stephen’s College, Delhi University, and a Master’s degree in Public Administration from the John F. Kennedy School of Government, Harvard University. He was honored in 2012 with the Prime Minister’s Award for Excellence in Public Administration and with the Jammu and Kashmir State Award for Meritorious Public Service.

Dr. Deepika Sharma
Independent Director

Dr. Deepika Sharma  a Doctor by profession has been appointed as an Independent Director on the Board of KIOCL w.e.f. 10.02.2017

CA Jagdish Purushottam Joshi
Independent Director

CA Jagdish Purushottam Joshi had been appointed as an Independent Director on the Board of KIOCL w.e.f. 14.12.2018. CA Jagdish Purushottam Joshi a fellow member of the Institute of Chartered Accountants of India (ICAI) and is a practicing professional since 1997, he has vast experience in consultancy of direct taxes and handling corporate affairs in different areas. He is also a Graduate of the Institute of Cost Accountants of India (CMA).


Dr Vijay Kumar
Chief Vigilance Officer

DR Vijay Kumar IFS, joined in KIOCL as Chief Vigilance Officer (CVO) during Dec-2016. He joined Indian Forest Service (IFS) during 1988 and has served 29 years. In his career, he has held various positions in senior levels such as Chief Executive Officer Uttarakhand Forest Hospital Trust,CEO of Uttarakhand CAMPA authority, Managing Director UPASaC (not for profit Company), Chief Project Director IFAD, Member Secretary & Chief Executive Uttarakhand Environment Protection & Pollution Control Board, Conservator of Forest under Uttarakhand Govt and OSD in NOIDA Authority under UP Govt.

DR Vijay Kumar holds PhD in Environmental Governance from NLU Jodhpur, MBA in Strategy and Finance from Swinburne University of Technology Melbourne (Australia), PG Dip. In Environmental Law, MSc (Forestry)/IFS, M.Tech. in Geotechnical Engineering from IIT Bombay and BE (Hons) in Civil Engineering from BITS Pilani.