Sunday, 19 April 2009

Maytas Infra: The people behind the company

April 2009

Directors who quit

1. RC Sinha, chairman and independent director

Mr Sinha, a former IAS officer of 1962 batch from Maharashtra, quit as the non-executive chairman and independent director. He put in his paper on January 6, 2009. He has been associated with several infrastructure projects, notable among them being the construction of 55 flyovers in Maharashtra including the landmark Mumbai-Pune Expressway. Subsequently, he had also served as Director-General, National Academy of Construction, Hyderabad, in the rank of special chief secretary to AP government. Currently, he is working as vice-chairman and managing director of Maharashtra Airport Development Co. Ltd, a Maharashtra government undertaking.

2. Chander Sheel Bansal, wholetime director (president of transportation, oil and gas)

Mr Bansal was the president, transportation, oil and gas of Maytas Infra Limited. He was wholetime director of Maytas Infra Ltd. He joined the Board in January 2008. He is a Mechanical Engineer from Delhi College of Engineering and a PGDBA from MDI, Gurgaon. Prior to joining Maytas, Mr Bansal was associated with Tata Motors, INDAL, Usha Beltron/Martin, Alstom Projects and Easa Saleh Al Gurg Group-Dubai.

3.  PK Madhav, wholetime director and CEO

A product of Rashtriya Indian Military School, Deharadun, Madhav has an MBA from FMS, Delhi. He is  also a qualified company secretary. He quit Maytas Infra after he was arrested by AP police in connection with Nagarjuna Fertilisers case.

Existing directors

Dr RP Raju, independent director

Dr RP Raju joined the Board in January 2007. He holds a bachelor's degree in medicine from Rangaraya Medical College, Kakinada, and a graduate degree from Madras Medical College, Chennai. He has over 32 years of experience in medical practice, planning, management and administration. He is a member of the American College of Radiology, the American Medical Association, the American College of Radiation Oncology and the American Cancer Society.

B Teja Raju, vice-chairman

Teja Raju is the son of Satyam former chairman B Ramalinga Raju. He joined the Board in July, 2001. He holds a bachelor degree in Computer Science and Engineering from PSG College of Technology, Coimbatore, and masters in Electronic Commerce from Carnegie Mellon University, Pittsburgh, USA.
He has over six years of experience in Maytas Infra Limited in the construction and infrastructure development industry.

B Narasimha Rao, vice-president and additional director

Narasimha Rao joined the company in 1994. He holds a bachelor’s degree in civil engineering from Osmania University, Hyderabad. He has over 19 years of experience in the construction industry, with particular expertise in projects and corporate management. He currently heads the contract claims department. He is responsible for initiating contracts and other business development activities.


CS Mohan, independent director

Mohan died on November 12, 2008

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