NE BUSINESS BUREAU
MUMBAI, JAN 21
Essar Global Fund Ltd (EGFL) on Tuesday announced the appointment of Pankaj Kalra as Chief Financial Officer & Head-Strategy, Essar Exploration & Production Ltd Mauritius (EEPLM), the downstream energy arm of the Essar Group and a key portfolio company of EGFL, a company release said.
Kalra will be responsible for overseeing the strategic financial management of EEPLM and its subsidiaries. In this critical leadership role, he will be involved in driving financial performance and bringing added rigour to financial and investment decisions. Part of his remit would also be to lead EEPLM’s M&A strategy, areas of financial strategy, performance management, large and complex financing, M&A (including divestments), risk management, reporting and controlling, investor relations and taxation. Additionally, he will lead the Board of Directors of EEPLM and its subsidiaries.
Kalra has 22 years of work experience and a demonstrated track record of working across multiple sectors. His functional skill set includes expertise in M&A, fundraising (both onshore and offshore), accounting, internal controls, procurement, and financial modelling. Before joining Essar, he was the CFO of Cairn Oil & Gas and has been associated with Reliance, Aircel, Idea, American Tower and EY. Kalra is a rank holder Chartered Accountant and a Company Secretary, with a bachelor’s degree in commerce from SRCC.
