Mr. Madhu Vuppuluri has been a key member of the Essar Group’s senior management team in the Steel Business Group since the early 90s, and has been associated with development and financing of Essar India’s iron ore pellet plants and slurry pipeline during mid ‘90s. Having moved to New York in 1999, Mr. Vuppuluri has been instrumental in developing Essar’s presence in North America, primarily in the steel, mining and minerals, energy, and BPO sectors. His most notable additions to the Group’s portfolio include Essar Steel Algoma Ltd— a 4 MTPA steel plant in Ontario, Canada, West Virginia based Trinity Coal Corporation with about 172 Million tons of Met and Steam coal reserves; Aegis Communications Inc, a BPO company with over 5,000 employees in United States of America; and Essar Steel Minnesota Steel LLC—a 2 Billion tons Iron Ore resource company, where Mr. Vuppuluri is spearheading as the CEO, a Greenfield project development of a 7 MTPA iron Ore pellet plant at a total capital costs of about $1.6 Billion—the Plant construction is progressing to achieve commercial operation by mid 2013.
Mr. Vuppuluri has over three decades of leadership experience in finance, strategy and planning functions in manufacturing and service industries. He holds an MBA degree from Columbia Business School in New York, a Masters in Financial Management from Mumbai’s Bajaj Institute of Management and a degree in Law from Hyderabad, India