Prashant Ruia is Member of Board, Essar Capital Ltd., he is part of the second generation of the Ruia family which founded Essar and are the sole investors in Essar Global Fund Limited ("EGFL"). EGFL was founded 41 years ago by his father, Shashi Ruia and uncle Ravi Ruia. EGFL is a diversified global private equity fund exclusively managed by its investment manager, Essar Capital Limited. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure (comprising ports & Construction businesses) and Services. Essar Capital currently manages funds in excess of US$ 12 billion and the aggregated revenues of the Funds portfolio companies are approximately US$22 billion. The Fund’s portfolio comprises some 60 assets, employ over 60,000 people across 29 countries and have adopted international standards of health, safety, environmental protection and corporate governance. Prashant has been an integral part of EGFL’s operations and management since 1985 and has been a key driver of the Fund’s growth story, diversification and value creation both within India and internationally. He is respected for his project execution skills, financial expertise and people management capabilities. Prashant holds several key positions on various regulatory and professional boards, he is a Board member of the World Steel Association, Board member of Steel & Energy Industry at the World Economic Forum, Member of the India – Indonesia CEO’s forum and several other bodies.
P Sampath was previously Chief Finance Officer (CFO) of Essar Energy Limited (EEL). He joined the Essar Group in August 2008 and was previously Director of Finance of Essar Oil. He has over 30 years of experience in various fields, including global corporate finance and treasury, mergers and acquisitions, corporate business planning, investor relations, global HR strategy and financial and management accounting. Prior to this, Mr Sampath held a number of senior finance roles including Group Chief Financial Officer for RPG Enterprises Limited and Managing Director of GHCL Limited. Mr Sampath has a first class Bachelor of Commerce degree from Madras University, is a Fellow Member of both the Institute of Cost and Works Accountants of India and the Institute of company secretaries of India.
Mr. K. N. Venkatasubramanian was appointed to the Board of Directors of Essar Oil, India, on November 29, 2000. He has over 51 years of experience in the oil & gas and petrochemicals sectors having worked for IPCL, IOCL and Gulf Oil Limited. He has previously served as Director, Marketing and Director, Operations of IPCL, Chairman and Managing Director of Engineers India Ltd., Chairman and Managing Director of Indian Oil and as Chairman of Gulf Oil Ltd. He is currently Chairman of Times Technoplast Ltd. He is a Chemical Engineer from A.C. College of Technology, Chennai and an M.Tech from IIT, Kharagpur.