Steel Authority names new chairman

New Delhi, June 11 (IANS) Chandra Shekhar Verma has taken over as the chairman of the state-run Steel Authority of India (SAIL), the country’s largest producer of the commodity.

Verma, who was earlier working as the director-finance with Bharat Heavy Electricals Limited (BHEL), has taken over from S.K. Roongta who retired last month, the company said in a statement.

The 51-year-old new chairman is a cost accountant and company secretary by training and also has a degree in law and legislatures.

In his 29-year career, he has worked for ITI, Indian Railway Finance Corp and Delhi Stock Exchange.

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