K R Vasudevan assumes charge of Director (Finance), Mahanadi Coalfields Limited

Sambalpur: Mr K R Vasudevan has assumed the charge of the Director (Finance), Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited under Ministry of Coal, Government of India.
Mr Vasudevan, a law graduate and member of the Institute of Cost Accountants of India, took over as 6th Director (Finance) of MCL, biggest coal supplier to the nation having a net turnover of Rs 14,981.98 crore with PBT 6,854.72 crore during the last financial year 2016-17.
Mr Vasudevan brings with him over 35 years of rich industrial experience of the government, CPSU and private sectors, as he has served with the erstwhile Orissa State Electricity Board, Coal India Limited – South Eastern Coalfields Limited & Mahanadi Coalfields Limited — and Paradeep Phosphate Limited (PPL).
Prior to joining MCL as the Director (Finance), Mr Vasudevan was the Head of Finance of the Plant and Joint General Manager (Internal Audit) at PPL wherein he had played a crucial role in the post SAP implementation improvements in many areas, CAPEX monitoring, contracts management and enterprise risk management.
At a meeting with the General Managers and the Heads of various Department at MCL Headquarters, Mr Vasudevan said it was a blessed moment for him joining back Mahanadi Coalfields Limited after 10 years. “I wish to contribute towards the growth of the company through innovative digital interventions in business operations and long-term projects planning,” he said.
After assuming the charge as the Director (Finance), Mr Vasudevan also met with Mr A K Jha, Chairman & Managing Director, Mr J P Singh, Director (Technical/Operations), Mr L N Mishra, Director (Personnel), Mr Munawar Khursheed, IRPF, Chief Vigilance Officer and Mr O P Singh, Director (Technical/Projects & Planning) and discussed various aspects of company’s project-level operations.

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