Dr Ashok Kumar Panda takes charge as Chairman & Managing Director of SAIL
The Steel Ministry said on 11 May 2026 that Dr Ashok Kumar Panda, earlier Director (Finance), assumed charge as Chairman & Managing Director of Steel Authority of India Limited (SAIL) on 9 May 2026.
Summary
Dr Ashok Kumar Panda assumed charge as Chairman & Managing Director of Steel Authority of India Limited (SAIL) on 9 May 2026, the Ministry of Steel said on 11 May. Before this he was SAIL's Director (Finance) and also held additional charge of Director (Commercial) for about nine months. Panda joined SAIL as a Management Trainee (Technical) in 1992 after a B.E. in Electrical Engineering. On taking over, he said SAIL is on track for its next phase of capacity expansion to 35 MTPA, with priority on safety and raw-material security.
Key facts
- Post
- Chairman & Managing Director, SAIL
- Took charge
- 9 May 2026 (announced 11 May)
- Previous role
- Director (Finance); additional charge Director (Commercial)
- Joined SAIL
- 1992, Management Trainee (Technical)
- Target
- Next capacity expansion phase to 35 MTPA
Practice MCQs 2 questions
Before becoming Chairman & Managing Director of SAIL in May 2026, Dr Ashok Kumar Panda served as the company's
Show answer
Correct answer: D — Director (Finance)
Panda was SAIL's Director (Finance) and also held additional charge of Director (Commercial) for about nine months.
SAIL's next phase of capacity expansion, mentioned by its new CMD in May 2026, targets what capacity?
Show answer
Correct answer: B — 35 MTPA
Dr Panda said SAIL is on track for its next phase of capacity expansion to 35 MTPA.