BHEL's New Chairman and Managing Director: Koppu Sadashiv Murthy
Koppu Sadashiv Murthy assumes the role of Chairman and Managing Director at BHEL. Explore his impressive career and achievements, including his successful tenure at BPCL and contributions to BHEL's profitability.
Bharat Heavy Electricals Ltd (BHEL) has officially appointed Koppu Sadashiv Murthy as its new Chairman and Managing Director, marking his commencement in this role within the public sector engineering and manufacturing enterprise.
Koppu Sadashiv Murthy, previously serving as the Executive Director of the Corporate Operations Management group at BHEL, has assumed dual responsibilities, which also include being the Chairman and Managing Director of Bharat Pumps and Compressors Limited (BPCL).
An alumnus of Bhopal University with an educational background in Electrical Engineering complemented by an MBA in Finance, Koppu Sadashiv Murthy embarked on his journey with BHEL back in 1989 at the Jhansi manufacturing unit. During his 34-year career with BHEL, spanning various manufacturing units such as Hyderabad, Bhopal, Jhansi, and Varanasi, he has honed a comprehensive skill set in strategic, operational, project, and commercial management, as highlighted in a company statement.
While spearheading the Corporate Operations Management division in Delhi, Koppu Sadashiv Murthy played a pivotal role in steering the company towards profitability in the financial years 2022-23 and 2021-22, after two years of facing losses.
His tenure as the head of BHEL's Varanasi manufacturing unit showcased his exceptional leadership skills. Despite the challenges posed by the factory's partial closure during the Covid pandemic, the unit achieved remarkable results in the financial year 2020-21, including a Profit After Tax (PAT) exceeding 25% of revenue, maintaining historically low inventory levels, and accumulating a cash surplus.
Koppu Sadashiv Murthy's time as the Chairman and Managing Director of BPCL demonstrated his proficiency in establishing robust stakeholder relationships, ultimately leading to mutually beneficial outcomes. This included the monetization of assets amounting to Rs 80 crore and the resolution of long-standing payment and contractual issues with customers, contractors, and suppliers, as lauded by BHEL in its statement.
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