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| People Speak |
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Veera Patel
Veera Patel, Head Customer Operations, came to Essar in 1993 from a leading five-star hotel and currently manages the hospitality function at Essar House Ltd.
I really love being here at Essar. Most of us consider Essar a second family and everyone is welcomed in. Unlike other companies where the set up is usually very formal, here everyone from the top management down treats you like family, with a personalised and warm approach. People at Essar work together, support each other and watch out for each other.
Across the group, performance is rewarded and you constantly get both appreciation and constructive feedback. The top management actively identifies people’s special skills and offers them training and job opportunities based on those strengths. Even in support functions you are given plenty of options based on your performance, so I have grown a lot and find I still have lots of scope to go further.
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Amit
Kumar Agarwal
Management Trainee of Batch 2002
K. J. Somaiya Institute of Management Studies
& Research
PGDBA, Finance |
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| "I
am proud to be associated with Essar Group
- a young and vibrant organisation. I had
the privilege to be part of Essar Oil Marketing
team to launch the first private sector petrol
retail outlet in India and force public sector
oil companies to competition and offer better
service to end consumers. I love the open
door policy of the seniors, informal culture
coupled with lots of responsibility, opportunities
and live case studies at Essar. In my first
year at Essar, I got exposure to conceptualization
and planning for retail operations. In the
second year I was exposed to retail operations
and international trading. Today, I have the
privilege of working with a young and ambitious
leader with a positive attitude. I am exposed
to oil business group operations at the macro
level in my new assignment. I feel that I
have grown with the organisation and it has
given me a great sense of entrepreneurship." |
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| Career
Highlights |
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2002 : MT,
Essar Oil Ltd. |
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2003 : Dy Manager, Essar
Oil Ltd. |
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2004 : Manager, Essar Group,
Chairman Secretariat |
| Roles and
Responsibilities |
| 2002: MT,
Essar Oil Ltd. |
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Involved in India's largest
Debt Restructuring exercise involving a debt
of Rs: 8,000 Crore |
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Co-ordination with Oil
Coordination Committee (Statutory Authority-
now named as PPAC-Petroleum Planning Analysis
Cell) for monthly MIS on imports, sales and
retail outlets. |
| 2003: Deputy
Manager, Essar Oil Ltd. |
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Actively involved in the
first import of HSD by EOL |
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Business Plan and Financial
Model of Marketing Division |
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Interactions with Financiers
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Daily Cash Flow Management
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Determination of price
and invoicing of petroleum products |
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Involved in Tenders for
supply of petroleum products to Railways,
State transport units, etc. |
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Amar
Fadia
Joined in December 1994 as a Management Trainee
after completing his CA.
Presently: Head of Long Term Finance
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"Essar
provides opportunities in abundance. The work
environment encourages freshers to take up
responsibilities early in their career. This
provides for a great learning ground with
focus on developing young minds to take up
higher roles.
The work culture is very warm and people around
immediately accept you. In the last 10 years
I have worked in 4 different assignments and
each time it did not take me more than a week
to settle down." |
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| Career Highlights
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1995
: Fund raising from domestic lenders for the
steel complex at Hazira |
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1997 : Unsecured
foreign currency loan of US$ 40 million at
a cost of L+100 bps |
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1998 : The first structured
export securitisation deal of US$ 334.5 million |
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1999 : Restructuring
of Floating Rate Notes of US$ 250 million
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2000 : Established clickforsteel.com,
India's first steel portal, currently having
a turnover of Rs 700 crore |
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2002 : Member
of Essar Group Finance Committee, which reviews
financial needs of all companies |
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2004 : Interest
cost reduction through various measures by
Rs. 100 crore per annum |
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2005 : Rating
of Essar Steel by international rating agencies,
S&P and Moodys |
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Ranjit Mathure
MT Batch 1995, MBA
Marketing,
Presently: Responsible for the sales of HRC
into Europe, South-East Asian, America |
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“An environment which is conducive to development of the spirit of enterprise and which can transform an individual into a business leader with an acute sense of vision and commitment” |
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| Career Highlights |
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Having been with the International Sales group since its inception has been a part of its continuous growth and hence has been exposed to all facets of international steel business |
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Responsible for establishing the market in specialized steel viz. Corten grade steel in China , API grades in S East and M East, Pre Engineered Building applications in M East, Automobile grades in EU |
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Established long-term supply arrangements with primary buyers like Arcelor, Corus etc. |
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STEEL