Formerly Vice Chairman, Reliance Cement, and CEO -Reliance Infrastructure Ltd
Formerly MD and CEO, ACC Limited
Sumit Banerjee has been the Vice Chairman, Reliance Cement, and CEO -Reliance Infrastructure Ltd. Previously, he held the position of MD and CEO, ACC Limited.
He is a professional with top management level exposure to various core sector industries, such as Non Ferrous Metals, Steel Processing, Cement and Infrastructure. He has a highly successful track record as a Leader of People and Businesses, and as a CEO, and has been recognized for his work through many awards and laurels, like The Corporate Citizen of the Year by CNBC TV18, etc.
In his last assignment, he also nurtured and successfully grew a Start-Up venture up to scale. Besides, he has participated and served in a number of high profile boards, thereby having acquired a strong grounding in corporate governance.
Previously, Sumit was the Managing Director of ACC Ltd, Holcim Group. During his 4 year stint, he was engaged in enhancing the competitiveness of this legacy company vis-à-vis industry peers. Later, Economic Times picked ACC as one of 12 Indian Companies who not only bucked the slowdown during this period, but also excelled in stock and financial performance, during corresponding four years. In 1979, He started his career at L&T where he was exposed to diverse projects and equipment in core sectors such as power, steel, paper, minerals and metals. His 12 year stint with L&T was a learning phase for him into manufacturing, project execution and contracting, all in the area of heavy equipment and core sector industries. During his role as Executive Assistant to a Profit Centre Head in L&T, he had early insights into Management Control Systems. He also spent 17 years in the Aluminium Sector, with Indal/Hindalco, and had a short stint as CEO of Tube Investments of India Ltd.
Sumit is a Mechanical Engineering graduate from IIT, Kharagpur and did his MEP (a 5 month Management Education Programme ) from IIM Ahmedabad. He is also accepted as a Fellow of the Institute of Engineers. He is the Founding Chairperson of CII’s Cement Division and has been elected to the Managing Committee of Bombay Chamber of Commerce & Industry (BCCI). He is also a govt nominee on the boards of IIM Lucknow, and Construction Sector Skills Development Council.
Sumit is a seasoned business leader with a strong background in manufacturing/infrastructure, having worked for industry leaders of scale and size in India, and has a distinguished track record of turning around Businesses.