Abhay Kumar Behuria takes charge as Director (Finance) of NALCO
Shri Abhay Kumar Behuria, today on June 11, 2025 has assumed the National Aluminium Company Limited as Director (Finance).
Abhay Kumar Behuria takes charge as Director (Finance) of NALCO
New Delhi, June 11, 2025: Shri Abhay Kumar Behuria (DIN: 09694123) has taken over the charge as Director (Finance) on the Board of NALCO with effect from 11.06.2025. From today, Shri Behuria assumed the charge and will take over the company's strategic operations forward.
On June 6th, Abhay Kumar Behuria was appointed to the role in NALCO board. A finance leader with over three decades of experience at the Maharatna Company Steel Authority of India Limited (SAIL), Shri Abhay Kumar Behuria has excelled in key roles across Mines, Project Finance, and Integrated Steel Plants. Known for his strategic insight and operational excellence, he has spearheaded significant financial improvements and digital transformations, contributing to SAIL’s growth and profitability.
Prior to joining NALCO, he was heading the financial operation as Executive Director (Finance & Accounts) at Rourkela Steel Plant, a flagship integrated Steel Plant of SAIL with an approximate turnover of Rs.28 thousand crores.
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With a strong academic background, Shri Behuria holds a First Class B.Com (Hons.) from Utkal University and is a Fellow Member of the Institute of Cost Accountants of India (ICAI). His expertise is further enhanced by an Executive Diploma in Business Valuation from the Board of Advanced Studies & Research of ICMAI. Recognized for his exceptional performance, Shri Behuria was honored with the prestigious Jawahar Award 2013-14. He was instrumental in strategic initiatives such as developing scheme for engaging Mines Developer cum Operator (MDO) for Taldih Iron Ore mines to achieve 7 MTPA, facilitating the execution of siding projects at Gua Ore Mines by resolving a long-standing land dispute with Railways, and revising the Standard Bidding Documents for SAIL's projects. As a core member of the SAIL Uday initiative, he contributed to the company's turnaround in collaboration with Boston Consulting Group (BCG).
Key contributions under his leadership include the implementation of SAP in the Mines of Rourkela Steel Plant, the Vendor Information System, File tracking and processing, secondary sales invoicing automation, and an Automatic Invoice Processing system. These initiatives have not only advanced RSP's digitalization efforts but have also transformed workplaces in terms of pace, performance, and transparency.He has also played a key role in resolving complex legal and financial issues, recovering substantial funds for the company, and settling long-pending Electricity Duty demands from the Odisha State Government through mutual agreement. Under his leadership, Rourkela Steel Plant achieved record-high EBITDA and PBT, demonstrating resilience even in challenging market conditions. Effective preparation of RSP's Annual Accounts and its Audit has resulted in NIL CAG (Government Audit) Audit comments for the third consecutive year.
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Shri Behuria has joined National Aluminium Company Limited as Director (Finance) w.e.f. 11.06.2025.
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