Dr Ashok Kumar Panda has been appointed as Director (Finance) of Steel Authority of India Limited (SAIL). Dr Panda began his career at SAIL in 1992 as a Management Trainee. During his career, Dr Panda has worked in various capacities across various Plants and Units of SAIL. Widely regarded for his financial & technical knowledge and proactive approach, his expertise spans financial accounting, costing & budgeting, business planning, treasury operations, taxation and strategic management.
Throughout his tenure, Dr Panda has played a pivotal role in strengthening SAIL’s financial position, spearheading key initiatives including deleveraging efforts, cost optimization, rail pricing strategy, fixed asset sales policy, tax optimization, E-invoicing implementation and introducing digital invoicing across SAIL units to enhance transparency and efficiency among others. In addition, Dr Panda has served as a Nominee Director on the boards of several joint ventures and subsidiary companies of SAIL, further strengthening the company’s financial governance.