People: Coal India Ltd (COAL.BO)
Shri Abhijit Chatterjee is Director - Finance, Director of Coal India Ltd. He is Executive Director (Finance) from 01.10.1997 till 05.02.2010. He has rich experience in financial management of the company and has made significant contribution in BEML viz Treasury Management, Customs, Excise Duty, Service Tax, Insurance, Rail & Metro and Defence Product business marketing etc. Due to his efforts along with team members, BEML got benefit of around ` 8 crores in the area of Treasury Management. He was instrumental in arranging Marine-cum-storage-cum-erection Policy covering the risks of transit, storage, construction, fabrication, installation and commissioning in respect of Bangalore Metro Rail business. He has also arranged Professional Indemnity Insurance to cover any risk arising out of professional negligence and errors in the design works from the period of commencement of work till 5 years after the date of issue of the performance certificate. On behalf of CCL, he has organized promotion of IPO floated by CIL. As a team leader of Coal Companies, he took up interest claim against HPGCL for delayed payment of coal dues and ensured quick, logical and favourable decision of Umpire in favour of Coal Companies. He has ensured improving realization from JSEB and TNVL. M/s. TNVL has signed FSA with CCL due to tremendous persuasion. He has attended Senior Management course at MDI, Gurgaon and also undergone training at various Management schools at Europe. Mr. Chatterjee is a member of the Institute of Chartered Accountants of India. He holds Directorship at South Eastern Coalfields Ltd and Eastern Coalfields Ltd. None of the Directors except Shri A. Chatterjee is interested or concerned in the resolution. The Board of Directors consider that in view of the background and experience of Shri A.Chatterjee, it would be in the interest of the Company to appoint him as a Director of the Company. The Board recommends the resolution for your approval.
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