MOIL Appoints Vishwanath Suresh as Chairman and Managing Director

State-owned manganese miner MOIL Limited has announced the appointment of Vishwanath Suresh as its new Chairman-cum-Managing Director, marking a key leadership transition at the company, as per exchange filings. 

Leadership Appointment and Tenure 

The Government of India, through the Ministry of Steel, has appointed Vishwanath Suresh to the board of MOIL Limited as Chairman-cum-Managing Director.  

He assumed charge on January 7, 2026, and will hold the position until his superannuation on August 31, 2030, or until further orders, whichever is earlier.  

The company confirmed that Suresh is not related to any director or key managerial personnel and is not disqualified under the Companies Act or any regulatory order.  

Professional Background and Experience 

Vishwanath Suresh is a metallurgical engineer from the National Institute of Technology, Rourkela, and holds an MBA in Marketing along with advanced strategic management certification from IIM Kozhikode.  

Prior to joining MOIL, he served as Director (Commercial) at NMDC Limited. Earlier, he held senior leadership roles at Steel Authority of India Limited, including Executive Director (Coal Import) and Executive Director (Corporate Materials Management). 

His career spans over 3 decades across mining, steel, procurement, sales, and policy functions, with extensive exposure to both domestic and international markets. He has also served on the boards of multiple mineral, steel, rail infrastructure and CSR entities associated with NMDC. 

Read More: MOIL Share Price Jump 5% After Best-Ever Q3 and 9-Month Production in FY26! 

MOIL Share Price Performance  

As of January 08, 2025, at 9:37 AM, MOIL share price is trading at ₹366.50 per share, reflecting a decline of 2.65% from the previous closing price. 

Conclusion 

The appointment of Vishwanath Suresh brings experienced commercial and strategic leadership to MOIL at a time when the company is focused on operational efficiency and long-term growth. His background in mining and metals is expected to support MOIL’s objectives as a key public-sector enterprise in India’s mineral sector. 

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