Profile - Shri Kadattur Ranganathan Vasudevan, Director(Finance)

Shri Kadattur Ranganathan Vasudevan, on 04.02.2018 took over the charge of Director (Finance), Mahanadi Coalfields Limited (MCL), a leading subsidiary of Coal India Limited.

  • He was born in Chennai on 17th July, 1962. He passed his Bachelor in Commerce (Hons) from Ravenshaw College, Cuttack with first class. He obtained his professional degree from the Institute of Cost Accountants of India in the year 1989 and also passed L.LB from Utkal University.

  • He comes with a rich work experience spanning more than three decades in various fields of Finance in different sectors such as State (Odisha State Electricity Board), public (Coal India Limited) and Private (Paradeep Phosphates Limited). It is worth mentioning that his experience covers three core industries of national economic importance (Power, Coal and Fertilizers).

  • From February 1982 to October 1987, he has worked in Talcher Thermal Power Station / Talcher Electricity Division under the erstwhile Orissa State Electricity Board. (Now under National Thermal power Corporation) in the areas of Revenue Accounting, Cost & Budget, MIS and Accounts finalization. He played a very crucial role in the exercise for reconciliation of long outstanding disputes culminating the signoff between OSEB and SECL. Undergone on the job training imparted by M/s. AF Ferguson Co. on the new accounting procedure of OSEB recommended by Central Electricity Authority.

  • From October 1987 to July 2008, he worked under South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL) in different functional areas (Project Area and Corporate Office) in Costing, Treasury, and Accounts finalization. He was instrumental in computerization of Piece Rated wages and also instrumental in introducing e-payments in Mahanadi Coalfields Limited. As Head of the Corporate Treasury, he was responsible for investment of surplus funds.

  • In July, 2008 he joined Paradeep Phosphates Limited (PPL). Prior to re-joining MCL, he was working in PPL as HOD (Finance) in the Plant and Joint General Manager (Internal Audit) wherein he has played crucial role in post SAP implementation improvements in many areas, CAPEX monitoring, Contracts management. As Joint General Manager (Internal Audit), he was actively involved in implementing Enterprise Risk Management.