New Delhi, Apr 26 (IBNS): JSW Infrastructure, part of the US$13 billion JSW Group, appointed Arun Maheshwari as its Joint Managing Director and Chief Executive Officer.
Arun will report to Sajjan Jindal, Chairman – JSW group and oversee the next phase of company growth and expansion, the company said in a statement.
He will be based in Mumbai.
Maheshwari has been associated with JSW Group since November 1995 and has handled multiple roles and responsibilities, including his role as Executive Vice-president (commercial), JSW Steel.
With over two and half decades of experience in the steel industry, Maheshwari has been responsible for sourcing major steel and power generating raw materials, corporate strategy, and international marketing, steering each of these areas with his entrepreneurial skills, creative approach and lateral thinking.
Commenting on the appointment, Sajjan Jindal, Chairman of JSW Group, said, “Arun has extensive experience in handling multiple responsibilities within the JSW Group. He has proven his abilities in driving performance, enhancing returns and working seamlessly with stakeholders. His experience and performance ability will be valuable as JSW Infrastructure looks to grow and expand its position in the Indian infrastructure sector.”
Maheshwari’s appointment is in line with JSW Group’s philosophy to encourage role enhancements, by providing opportunities to internal talent to help them grow beyond their functional domain and take on exciting challenges.
The announcement coincides with JSW Infrastructure’s plans to increase its capacities to 200 MTPA by 2021 with a view to focus on grasping cargo trade opportunities in India and internationally. JSW Infrastructure currently operates ports and terminals across Maharashtra, Karnataka and Goa. It is also developing terminals at Paradip to enter new avenues of coastal shipping and achieve economies of scale. Internationally, the company operates a terminal at Fujairah Port.
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