Mukund Choudhari assumes charge as CMD of MOIL

Sep 4, 2016 09:00 IST

Mukund Chaudhari on 1 September 2016 took over as Chairman and Managing Director (CMD) of MOIL Ltd, a miniratna company.

Prior to taking over as CMD, Chaudhari served as the Director (Finance) of MOIL.

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Who is Mukund Chaudhari?

Mukund Chaudhari is a chartered accountant by profession.

He holds a long experience of over two and half decades in private and public sectors undertakings.

He had also worked in the private sector.

After joining MOIL in 1997, he held various positions in the company.

He was inducted in the Board of Directors of MOIL in August 2012 as Director (Finance).

He has varied experience in corporate financial management and he is instrumental for introduction of ERP system in MOIL recently.

About MOIL

MOIL Limited is a miniratna state-owned manganese-ore mining company headquartered in Nagpur, India.

It was formerly known as Manganese Ore India Limited.

With a market share of 50%, it was the largest producer of manganese ore in India in the fiscal year 2008.

MOIL Limited has been ranked #486 among the 500 top companies in India and 9th in the Mines and Metals Sector of the Fortune India 500 list for 2011.

MOIL operates 10 mines, six located in Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh.

Its Balaghat mine is the deepest underground manganese mine in Asia.

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