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Tata Steel appoints T V Narendran as MD, India and South East Asia

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Staff writer | London, United Kingdom | September 20, 2013
Tata SteelSeptember 20, 2013, London, United Kingdom - Tata Steel announced that it has appointed T V Narendran as the director and designated him as the managing director - designate, India and South East Asia.
Mr. Narendran is a Mechanical Engineer from REC (NIT) Trichy, who joined Tata Steel after his MBA from IIM Calcutta in 1988. He is a Chevening Scholar and has also attended the Advanced Management Programme in CEDEP - INSEAD, Fountainbleau, France.

Mr. Narendran worked in the International Trading Division of Tata Steel from 1988 to 1997 wherein he spent five years in Dubai looking after Tata Steels' exports to the Middle East. From 1997 to 2001 he spent time in Tata Steels' marketing and sales division and was involved in market development work for the Cold Rolling Mill Project, Supply Chain Management, Sales Planning etc.

From 2001 to 2003 Mr. Narendran was the Chief of Marketing & Sales (Long Products) and played a key role in building the 'Tata Tiscon' brand and the distribution network for the same. From 2003 to 2005 he worked with Mr. Muthuraman, the then Managing Director of Tata Steel as his Principal Executive Officer.

Mr. Narendran was actively involved in the Tata Steel's first overseas acquisition, NatSteel and was seconded there as an Executive Vice President in 2005. He ran operations in NatSteel thereafter as the Deputy President (Operations) and took over as the President and CEO on January 1, 2008. He played a key role in the integration of NatSteel and Tata Steel.

Mr. Narendran is currently the Vice President, Safety and Flat Products of Tata Steel. W.e.f April 2013 he has also taken up responsibility of the Long Products division.

During his stint in NatSteel, Mr. Narendran was a director on the Board of South East Asia Iron & Steel Institute (SEAISI) and also served as the President of the ASEAN Iron & Steel Federation (AISIF) from 2007 to 2009. He was also the Vice Chairman of the CII (India Business Forum) in Singapore. He is currently on the boards of Tata Steel Thailand and NatSteel Holdings and an Alternate Director on the board of Southern Steel Berhad.

The company also announced that H M Nerurkar, Managing Director Tata Steel India and South East Asia, will step down from the Board of Tata Steel, effective November 1, 2013.

A B.Tech in metallurgical engineering from the College of Engineering, Pune University, Mr. Nerurkar has attended several management courses in India and overseas, including CEDEP in France. He is associated with several professional organisations, such as Indian Institute of Metals, INSDAG and AIMA Governing Council among others.

Mr. Nerurkar joined Tata Steel on February 1, 1982 and has held various positions including Chief Metallurgist, Senior Deputy Manager (LD-2 Projects), deputy general manager (Steel & Primary Mills), General Manager (Marketing), Senior General Manager (Supply Chain) and Chief Operating Officer (Steel). He has more than 35 years of experience in steel industry in various functions.

Mr. Nerurkar is an executive with multifaceted experience ranging from project execution, manufacturing, Quality Control, Supply Chain and Marketing. He became the Vice President (Flat Products) in November 2002 and in September 2007 was appointed Chief Operating Officer (Steel).

Mr. Nerurkar has been conferred with several awards such as the 'Tata Gold Medal 2004', 'SMS Demag Excellence Award 2002', Steel 80s Award - 1990', 'SAIL Gold Medal - 1989' Visveswaraya Award - 1988' and 'NMD Award 1987'.

Mr. Nerurkar was Chairman of Hooghly Met Coke & Power Co. Ltd., Gopalpur Special Economic Zone Ltd. and Director - Tata Ryerson Ltd., Dhamra Port Company Ltd., Jajpur Cluster Development Ltd. Currently he is on the Board of a number of Companies and these include positions of pre-eminence.

Mr. Nerurkar is Chairman, Tata Steel (Thailand) Public Co. Ltd., Bangkok; Chairman, NatSteel Asia Pte. Ltd., Singapore; Director, Tata Bluescope Steel Ltd.; Chairman, NatSteel Holdings Pte.Ltd., Singapore; Chairman, Centennial Steel Company Ltd.; Corus Consulting Ltd., UK; Chairman, Tata Steel Holdings Pte. Ltd., Singapore; Chairman, Tata Steel Global Holdings Pte. Ltd., Singapore; Chairman, Tata Steel Global Minerals Holdings Pte. Ltd. Singapore; Chairman, Tata Steel Global Procurement Co. Pte. Ltd., Singapore; and Chairman, Proco Issuer Pte.Ltd. Singapore

The company also announced that it has appointed Koushik Chatterje as the Group Executive Director (Finance and Corporate).

Apart from continuing responsibility of the Finance function, Mr. Chatterjee would be responsible for the Tata Steel Group Corporate functions including Legal and Regulatory Affairs, Communications, Strategic Procurement, Information Systems, Group Investments, Global Mining Projects and Assurance.

Mr. Chatterjee, Executive Director and Group CFO, joined Tata Steel in 1995. During his stint in the Company, he worked in the areas of Corporate Finance and Planning. During the years 1996-1998, he was also a visiting faculty at XLRI, Jamshedpur in Corporate Finance.

In 1998 Mr. Chatterjee was transferred to the Tata Steel Head Office in Mumbai and subsequently to Tata Sons Limited in the Group Executive Office (GEO). He became General Manager - Corporate Finance in Tata Sons in 2002. During his tenure in Tata Sons Limited, he was involved in Mergers & Acquisitions' activities including privatisations and joint ventures. He was also the lead facilitator in the Groupwide roll out of Economic Value Added (EVA) for the major Tata companies.

Mr. Chatterjee re-joined Tata Steel on August 1, 2003 and was appointed the Vice President (Finance) w.e.f. August 1, 2004. With the announcement of the new Tata Steel Group post the acquisition of Corus, he was appointed as Group Chief Financial Officer w.e.f. 1st January 2008.

Mr. Chatterjee is on the Board of several Tata Steel Group companies including Tata Steel UK, NatSteel Asia Pte. Limited, Tata Steel (Thailand) Public Company Limited, Southern Steel Berhad, Malaysia and others.

Mr. Chatterjee was declared one of India's best CFOs by Business Today Magazine in 2005 and 2006 and by CNBC in 2007. He is also a frequent speaker in various conferences in India and abroad including the McKinsey Global CFO Forum, Economist Conferences and CII organised conferences.

Mr. Chatterjee is an Honours Graduate in Commerce from Calcutta University and a Fellow Member of the Institute of Chartered Accountants of India.

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