Management Profile

Executive Team

Mr.D. Ashok

Our chairman joined the group in 1981 and has overseen the growth of Nava Bharat from a ferro alloys manufacturer into a diversified, international business conglomerate. Mr Ashok brings 36 years of management experience to the board and holds an MBA from the University of Wisconsin in the United States.

Mr.P. Trivikrama Prasad

Our managing director joined the group in 1981 and oversees Nava Bharat’s regular operations and expansion requirements with a focus on financial management. Mr Prasad holds an MBA from the United States and brings 36 years of experience in corporate planning, management and sector knowledge of the sugar industry to the board.

Mr.Ashwin Devineni

Mr Ashwin joined the group in 2010 and oversees Nava Bharat’s regular operations with a focus on managing and developing international ventures in Asia and Africa. Prior to joining Nava Bharat, he worked in various positions involving corporate acquisitions for Hewlett Packard, Opsware, iConclude. With a graduate degree in Industrial Engineering from the University of Washington, USA, he brings a great deal of experience in global corporate acquisitions to the board.

Mr.GRK Prasad

Our executive director joined the group in 1995 and oversees the operations and improvement of Nava Bharat’s internal controls and financial processes. Mr Prasad brings 37 years of experience in finance, accounting and management, with expertise in project financing and M&A management, to the board. He is a Fellow Member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India.

Mr.CV Durga Prasad

Our director of business development joined the group in 1973 and oversees Nava Bharat’s ferro alloys operations, with a specific focus on acquiring raw materials and marketing finished products. Mr Durga Prasad brings 45 years of industrial experience to the board, with expertise in the commercial aspects of the global and domestic metals industry and long-term business relations.

Mr.K Durga Prasad

Mr Prasad is a retired Indian Police Service officer (1981 batch) with deep experience of security, law and order and intelligence operations. He has served in several government departments including State Intelligence, Anti-Naxal Operations, Vigilance and Law and Order, and also in the Special Protection Group and the Central Reserve Police Force, New Delhi. He is currently an advisor to the Home Ministry in the Government of Andhra Pradesh for roads infrastructure in Naxal-affected areas.

Mr.GP Kundargi

Mr Kundargi holds a master’s degree in mineral processing and brings over 35 years of industrial experience to the board. He has served in various key positions at MOIL Ltd. (Manganese Ore India Limited), and retired as the Chairman and Managing Director of that company.

Mr.A Indra Kumar

Mr. A Indra Kumar is a Graduate in Chemical Engineering. He is the Chairman and Managing Director of Avanti Feeds Limited. Mr. Indra Kumar, with his varied experience over three decades is instrumental in development of shrimp culture and processing by bringing latest technology in feed manufacture and also development of value added shrimp products which has earned valuable foreign exchange for the country. He is also actively associated with management of educational institutions, old age homes and other social activities.

Mrs.B Shanti Sree

Mrs. B Shanti Sree is a fellow member of the Institute of Chartered Accountant of India and Practicing Chartered Accountant. She is also a Registered Insolvency Professional by Insolvency and Bankruptcy Board of India. She served as a Director on the Board of State Bank of Hyderabad from March 2 1, 2015 to March 3 I, 2017. She was a president of "The Andhra Pradesh Tax Bar Association" for the year 2010-11 and as Governing council member for the years 2008 to 2012. Presently, she is a Designated Partner of M/s Tukaram & Co LLP., Chartered Accountants, Hyderabad. Further, she is an advisory member to IPA Educational Society, a non-Profit Organization, imparting Commerce Education with Practical Skills and also an external member to Board of Studies, Department of Commerce, Osmania University College for Women (Autonomous University), Koti, Hyderabad.

Mr.Balasubramaniam Srikanth

Mr. Balasubramaniam Srikanth holds a post-graduate diploma in software engineering from Harvard University (DCE) and a BE degree in Computer Science from R.V College of Engineering, Bengaluru. He is a seasoned IT entrepreneur with over 28 years of experience. He is the Founder & CEO of Homelane, a leading player in the home décor industry in India. He is also on the Board of Unitus Ventures- a leading early stage venture fund - and leads the fund's efforts to invest in the best education startups that have potential to serve low-income population at scale. He is also the co-founder of Diksha Technologies Pvt ltd, an IT services firm. His earlier ventures include Companies such as Edurite Technologies, where he was the Co-founder. Post the acquisition of Edurite by Pearson, he served as the CEO of Pearson India until starting Home lane.

Mr.Nikhil Devineni, Senior Vice President

Holds an MBA from ESADE Business School, Barcelona and a degree in Bachelor of Science in Business Administration (BSBA) from the University of Colorado, Boulder, USA. Prior to joining NBVL, he served as Business Development Manager at Kobe Green Power Co. Ltd. in Laos where he spearheaded the development of a 150MW Greenfield Hydroelectric Plant. He played an instrumental role in negotiating various project documents and ensured a profitable exit from the project. Mr. Nikhil currently oversees the Ferro Alloys Vertical and Business Development Functions of the Company.

Mr.Sultan A Baig, Chief Financial Officer

Mr Sultan A Baig is a Fellow member of the Institute of Chartered Accountants of India and a Graduate in Commerce from University of Pune. He has over two decades of professional experience in the fields of corporate finance, fund raising for debt and equity, treasury management, accounting and taxation in India and Overseas. He heads the overall Finance function for Nava Bharat group.

Mr.VSN Raju, Company Secretary and Vice President

Mr Raju is an associate member of the Institute of Company Secretaries of India, with over 20 years of experience in ensuring business compliance with regulatory and legal requirements. He serves as the chief investor relations and compliance officer for Nava Bharat, and also oversees the company’s secretarial and legal operations.

Mr.Venkatesh Palabatla, Chief Human Resources Officer

Mr Venkatesh Palabatla is an alumnus of IIM Ahmedabad. He is a Strategic Human Resource professional with over three decades of experience in Multinational, Global & Indian diversified businesses of Manufacturing- Engineering, Automotive, Pharmaceutical, IT & Technology Centers, Aviation and Airports businesses. He is in charge of all group HR functions and will be driving and leading all HR strategies across the group.

Mr.T Hari Babu, Vice President (Finance)

Mr Hari Babu is an associate member of the Institute of Chartered Accountants of India with 30 years of experience in finance, accounts and taxation. He oversees Nava Bharat’s finance, accounts and tax operations.

Mr.Y Sreenivasa Murthy, Vice President (Paloncha, Telangana)

Mr Murthy heads the overall management of Nava Bharat’s ferro alloy and power plants in Paloncha, Telangana. He holds a graduate degree in mechanical engineering as well as a master’s degree in business administration (finance and marketing) and brings 31 years of industry and management experience to the board.

Mr.Y Pattanaik, Vice President (Kharagprasad, Odisha)

Mr Pattanaik heads the overall management of Nava Bharat’s ferro alloy and power plants at Kharagprasad, Odisha. He holds a graduate degree in mechanical engineering and a master’s degree in business administration and brings 26 years of industrial experience of plant operations to the board.

Audit Committee

Mr.K. Durga Prasad, Chairman

Mr.A Indra Kumar, Member

Mrs.B Shanthi Sree, Member

Nomination and Remuneration Committee

Mr.K. Durga Prasad, Chairman

Mr.A Indra Kumar, Member

Mr.G. P. Kundargi, Member

CSR Committee

Mr.D. Ashok, Chairman

Mr.K. Durga Prasad, Member

Mrs.B Shanthi Sree, Member

Stakeholders Relationship Committee

Mr.K. Durga Prasad, Chairman

Mr.P. Trivikrama Prasad, Member

Mr.G. P. Kundargi, Member

Risk Management Committee

Mr.Ashwin Devineni, Chairman

Mr.GRK Prasad, Member

Mrs.B Shanthi Sree, Member