Board of Directors

Mr. Ravi Kirpalani was appointed as a Non-Executive Independent Director on the Board of Foseco India Limited on 26th October 2018. In addition, he was appointed as a Chairperson of the Company.

Mr. Ravi Kirpalani, aged 59 years, has studied Economics at the St. Stephen’s College, New Delhi and holds a degree in Bachelor of Arts (Honours Course) from the University of Delhi. He has completed Post-Graduate Diploma in Management from the Indian Institute of Management, Calcutta.

Mr. Kirpalani is working as the Managing Director and CEO of thyssenkrupp India Private Limited since March 2016. He provides strategic direction to and has oversight of all thyssenkrupp group companies in India. India is currently the third most important market in Asia for thyssenkrupp. In fiscal 2016-17, the Group generated sales of around €560 million in the country and employs over 6,000 people at local companies. Thyssenkrupp India’s activities are coordinated out of the Regional Headquarters in Mumbai.

Prior to joining thyssenkrupp, he worked for over 16 years with Castrol / BP in India and in the UK. In his last assignment, he was the Managing Director of Castrol India Limited, a public limited listed company in India.

Mr. Kirpalani brings over 35 years of experience in sales, marketing and strategy development. He has worked with global and culturally diverse teams and led major transformational programmes. He has deep passion for customer relationships, building brands, enjoys engaging and energising people and helps in building a culture based on values.

He has been appointed the Chairperson of the Stakeholders’ Relationship Committee and a Member each of the Audit Committee, the Nomination and Remuneration Committee and the Corporate Social Responsibility Committee of the Board.

Mr. Ravi Kirpalani is not related to any of the existing Directors of the Company. He does not hold any shares in the Company.

Mr. Prasad Chavare is a Bachelor of Engineering (Mechanical) from Pune University. Additionally, he has done Master of Business Administration in Marketing Management from Pune University.

Mr. Prasad Chavare (DIN: 08846863) has been appointed as the Managing Director and Chief Executive Officer (MD & CEO), for a period of 5 years with effect from 1st June 2021 up to 31st May 2026.

Mr. Chavare is having rich and extensive experience of over two decades spanning across continents and diverse industries such as Automotive, Power Generation, Turnkey Projects, Construction and Building Materials. With an international stint of seven years and leading cross functional regional and global teams, he brings in his diverse experience in Business Turnaround and Business Operations Restructuring, Strong P&L Management, Sales, Marketing, Six Sigma and Supply Chain Management.

Mr. Chavare’s last assignment was with Cummins Technologies India Private Limited, as a Whole-time Director and a country leader, having spent a significant portion of his experience in the manufacturing and engineering sector with Cummins and has also worked with Hilti India. With Cummins, he was leading the overall Cummins Turbocharger India business by managing multi-site manufacturing plants, building strong customer relationships, developing the overall business plans for profitable growth, driving safety and continuous improvement across all functions.

Mr. Chavare is a well-recognized speaker in Leadership, Strategy, Marketing and Six Sigma. A strong believer in “Servant Leadership”, Mr. Chavare is passionate about leadership development and creating right environment by implementing structured employee engagement initiatives to build the right culture based on strong foundational core values.

Mr. Chavare is not related to any of the existing Directors of the Company. He does not hold any shares of the Company.

Ms. Karena Cancilleri (date of birth – 13th February 1967) is an Italian citizen. She holds a Master’s degree in Chemistry from University of Turin in Italy and a degree of Master of Business Administration from the University of Strathclyde, Glasgow, United Kingdom.

Ms. Karena Cancilleri was appointed as a Non-Executive Non-Independent Director on the Board of Foseco India Limited (“the Company”) on 31st October 2019. Ms. Karena Cancilleri is a nominee of the Holding Company – Foseco Overseas Limited.

Ms. Cancilleri joined Vesuvius plc on 1st October 2019 as President, Foundry Technologies. She was previously VP Engineered Products for Beaulieu International Group, a global specialist in raw chemical materials and semi-finished engineered products for residential and commercial markets, where she worked from 2013 to 2019. Her experience spans across various international leadership roles and, prior to her appointment with Beaulieu International Group, she held management positions in companies such as Shell Chemicals, Kraton Corporation and FiberVisions.

Ms. Cancilleri is a highly strategic and global executive with a successful track record spanning over 20 years in developing and executing forward-thinking business strategies designed to be competitive in global markets.

She has been appointed a Member of the Nomination and Remuneration Committee of the Board of the Company.

She is not related to any of the existing Directors of the Company. She does not hold any shares of the Company.

Mr. Mark Russell Collis was appointed as a Non-Executive Non-Independent Director on the Board of the Company on 27th February 2023. Mr. Collis is a nominee of the Holding Company – Foseco Overseas Limited.

Mr. Mark Russell Collis, aged 51 years (date of birth 3rd January 1972), is a British citizen. Mr. Collis is a Chartered Accountant and Fellow of The Institute of Chartered Accountants in England and Wales.

Mr. Collis is expected to join Vesuvius plc as an Executive Director and Chief Financial Officer no later than 4th July 2023. He has over 20 years of senior financial experience and operational and leadership skills gained through management roles in a number of international businesses including Amec Foster Wheeler plc, Expro International Group and latterly as Chief Financial Officer of the Operations business of John Wood Group PLC.

Mr. Collis has been appointed a Member each of the Audit Committee and the Risk Management Committee of the Board of the Company. Mr. Collis is not related to any of the existing Directors of the Company. He does not hold any shares of the Company.

Ms. Anita Belani was appointed as a Non-Executive Independent Director on the Board of Foseco India Limited (“the Company”) on 21st June 2019. She will not be liable to retire by rotation.

Ms. Belani, whose date of birth is 19th January 1964, is a seasoned professional with 30 plus years of rich post MBA experience as a senior business and human capital leader. She did her M.B.A. from XLRI, Jamshedpur and B.A.(Hons) in Economics from Miranda House, University of Delhi.

She specialises in assignments across sectors, leveraging her extensive human capital and consulting background to provide strategic leadership solutions for her clients. She was also responsible for CEO / Board advisory assignments and specialized in the Private Equity / Venture Capital area in addition to focusing on diversified industrials. Her areas of expertise included helping clients solve their business issues through human capital solutions in such areas as change management, restructuring, organizational effectiveness, succession planning, leadership development and talent management. She was Country Head for Watson Wyatt India and was responsible for building a successful consulting brand for the organization.

Ms. Belani has previously worked with Sun Microsystems in San Francisco as a Senior HR Business Partner in charge of strategic global HR. Prior to that, she was in a senior business partner role with KPMG in the USA and was instrumental in building the India operations of Jardine Fleming. She has also worked with American Express TRS in the early part of her career.

Ms. Belani has been appointed the Chairperson of the Corporate Social Responsibility Committee and a Member each of the Stakeholders’ Relationship Committee, the Audit Committee and the Nomination and Remuneration Committee of the Board of Foseco India Limited.

Ms. Belani is not related to any of the existing Directors of the Company. She does not hold any shares of the Company.

Mr. Amitabha Mukhopadhyay was appointed as a Non-Executive Independent Director on the Board of Foseco India Limited (“the Company”) on July 27, 2021. Pursuant to the provisions of Section 152 and 161 of the Companies Act 2013, Mr. Mukhopadhyay shall hold office as an Additional Director up to the date of the next Annual General Meeting (AGM) and his appointment will be subject to the approval of the Shareholders of the Company at the said AGM. He will not be liable to retire by rotation.

Mr. Amitabha Mukhopadhyay, aged 57 years, is a graduate from the University of Calcutta in Physics (Hons). He is a Chartered Accountant from the Institute of Chartered Accountants of India and a rank-holder. He is also a law graduate from the Pune University. He is an active contributor to industry forums and is a Governing Body member of the Association of Finance Professionals of India.

Mr. Mukhopadhyay has worked as Group CFO for leading Indian groups for almost two decades and also held role as Business Head of disparate businesses. In a career spanning over nearly three decades, mostly divided between Tata Group and Thermax, held leadership roles in corporate finance, M&A and corporate strategy. He has track record of successfully driving turnarounds and transformation as Business Head. He also led a score of M&A and worked on several complex transactions and have rich and diverse experience in commercial and corporate dispute resolutions.

Mr. Mukhopadhyay was on the Boards of several JV companies of the Tata Group including Tata GS Yuasa Batteries, Tata Yazaki and Tata Toyo Radiators.

Mr. Mukhopadhyay is not related to any of the existing Directors of the Company. He does not hold any shares of the Company.