New Delhi, Delhi, India, January 2025 – Mayank Gupta has been appointed as Chief Financial Officer (CFO) and Key Managerial Personnel at Jindal Steel & Power Ltd. (JSPL). With over 20 years of experience in finance, strategic planning, and capital raising, he is set to drive the financial strategy and growth of the steel giant. His leadership will be pivotal in enhancing JSPL’s financial efficiency and operational excellence.
Prior to joining Jindal Steel & Power Ltd., Mayank was Group Chief Financial Officer at Z47 (formerly Matrix Partners India), where he led financial planning and investment strategies. Before that, he served as Group CFO at CarDekho, where he played a key role in funding, P&L management, and compliance, contributing significantly to the company’s growth.
At Tata 1mg, Mayank was Chief Financial Officer, where he supported Tata’s strategic stake acquisition in 1mg and oversaw financial modeling, deal strategy, and business expansion. Prior to that, he was Executive Vice President & CFO at Ecom Express Limited, where he helped the company turn profitable, quadruple revenues, and raise $356 million in private equity funding.
Mayank also had a 13-year tenure at General Electric (GE), holding multiple leadership roles, including CFO – South Asia for GE Oil & Gas, CFO – South Asia for GE Transportation & Aviation, and Vice President – Business Development at GE Capital. At GE, he was instrumental in securing multi-billion-dollar projects, including a $3 billion deal with Indian Railways and a $7.4 billion acquisition of Baker Hughes.
About Jindal Steel & Power Ltd.
Jindal Steel & Power Ltd. (JSPL) is one of India’s fastest-growing and largest integrated steel manufacturers, operating across steel, power, mining, and infrastructure sectors. A part of the $18 billion OP Jindal Group, JSPL is recognized for its innovation, technological leadership, and sustainable business practices. The company has a strong presence in Asia, Africa, and Australia, producing some of the world’s longest 121-meter rails and pioneering the manufacturing of large-size parallel flange beams in India.
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