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Soma Mondal (born 1963) is an Indian businesswoman, who served as a Chairperson of Steel Authority of India from 1 January 2021 to 30 April 2023.[1] Currently, she is a member of the Public Enterprises Selection Board (PESB) constituted by the Government of India from 1 May 2023 onwards for a period of three years.[2] Smt. Soma Mondal has the distinction of not only being the first woman Functional Director of SAIL, but she was also the first woman Chairman of the company.[3][4][5] As a chairperson she was also the chief executive of the corporation.[5] Post retirement from SAIL, Smt. Mondal is now a member of Public Enterprise Selection Board.[6] Known as the "Queen of Steel" for her immense contributions to the industry, Soma Mondal has been included in the list of "World's 100 most powerful women" by Forbes in 2022 and 2023 (70th rank in 2023).[7][8]

Soma Mondal
Born1963
OccupationBusinessperson
Known forMember PESB, Ex-Chairperson of Steel Authority of India

Early life

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Soma Mondal was born and grew up in a Bengali middle-class family in Bhubaneswar.[9] Her father was an agricultural economist. She majored in Electrical Engineering from National Institute of Technology, Rourkela in 1984.[3][10][4]

Career

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Mondal has over 35 years of experience in the metal industry. She commenced her career as a Graduate Engineer Trainee at NALCO and rose through the ranks to take over the mantle of Director (Commercial) at NALCO in the year 2014. Mondal joined SAIL in March 2017 as Director (Commercial).[11] She took over as chairperson of the Maharatna PSU from Anil Kumar Chaudhary, who retired in December, 2020.[12][13][5] During her tenure, in FY2022, SAIL for a first time crossed the revenue milestone of Rs 1 lakh crore, entering an elite club of Indian companies having a turnover above Rs 1 lakh crore.[7]

Mondal is well known in the Aluminium Industry for her contribution in various Industry forums.[10] In March 2021 she was elected as the chairperson of Standing Conference of Public Enterprises (SCOPE), the organization representing the Central Government Public Enterprises.[14][15][16]

In 2023, Soma Mondal honored with 'CEO of the Year' at ETPrime Women Leadership Awards.[17]

References

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  1. ^ Standard, Business (31 May 2023). "Amarendu Prakash takes over as SAIL chairman, succeeds Soma Mondal". Business News, Finance News, India News, BSE/NSE News, Stock Markets News, Sensex NIFTY, Union Budget 2023. Retrieved 7 December 2023. {{cite web}}: |first= has generic name (help)
  2. ^ "Thy name is succession planning: PESB gathers full-strength, Ms. Mondal appointed as Member". IndianMandarins. Retrieved 15 November 2024.
  3. ^ a b Surojit Gupta (13 August 2020). "SAIL's Soma Mondal set to breach steel ceiling - Times of India". The Times of India. Retrieved 30 August 2021.
  4. ^ a b "Soma Mondal takes over as Chairperson of SAIL". @businessline. January 2021. Retrieved 26 September 2021.
  5. ^ a b c "Soma Mondal scripts history, assumes charge as 1st female Chairperson of SAIL". psuwatch.com. 2 January 2021. Retrieved 26 September 2021.
  6. ^ "Board Structure". Public Enterprises Selection Board (in Hindi). Retrieved 7 December 2023.
  7. ^ a b "Who is Soma Mondal? The 'Queen of Steel' who is among World's Most Powerful Women". The Economic Times. 6 December 2023. ISSN 0013-0389. Retrieved 8 December 2023.
  8. ^ BURHO", "MOIRA FORBES AND MAGGIE MCGRATH WITH NICOLETTE JONES AND ERIKA. "The World's Most Powerful Women 2023". Forbes.
  9. ^ "Soma Mondal: Odisha's first woman to head Steel Authority of India". Utkal Today. 2021. Archived from the original on 16 December 2021. Retrieved 16 December 2021.
  10. ^ a b Mazumdar, Rakhi. "PESB picks Soma Mondal as the next chairman of Steel Authority of India". The Economic Times. Retrieved 26 September 2021.
  11. ^ "Soma Mondal: Queen of Steel". Business Insider. 2021.
  12. ^ Pandey, Manohar (8 April 2021). General Knowledge 2022. Arihant Publications India limited. ISBN 978-93-252-9558-2.
  13. ^ "Smt. Soma Mondal | SAIL". sail.co.in. Retrieved 30 August 2021.
  14. ^ Divekar, Aditi (26 March 2021). "SAIL chief Soma Mondal is new chairperson of SCOPE". Business Standard India. Retrieved 26 September 2021.
  15. ^ "Soma Mondal elected as SCOPE Chairperson". @businessline. 26 March 2021. Retrieved 26 September 2021.
  16. ^ "Chairman, SAIL Soma Mondal elected as new Chairman, SCOPE". Free Press Journal. Retrieved 26 September 2021.
  17. ^ "ETPrime Women Leadership Awards 2023". The Economic Times.