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Prashant Jain, who shone at JSW Steel, is new Jt MD & CEO at JSW Energy

Man who raised $1 bn for JSW Steel, helped it acquire Ispat Industries, will report to Sajjan Jindal

BS Reporter  |  Mumbai 

Prashant Jain, JSW, JSW Energy, JSW Group
Newly appointed Joint MD and CEO of JSW Energy, Prashant Jain. Photo:

on Tuesday appointed as its joint managing director (MD) and chief executive officer (CEO), effective June 16, 2017.

Jain will be based out of Mumbai office and will report to Sajjan Jindal, chairman of

"brings with him vast experience across different functional areas, which he can apply in this new role with fresh perspective and vision. The entire leadership team looks forward to working with Prashant and wishes him the very best in his new role," the company release quoted as saying.

Jain's role will include setting strategy for JSW Energy, developing and executing strategic and business planning activities and oversee all aspects of the company's business, thereby, ensuring that continues to be recognised as one of the fastest growing players in the energy sector.

Some of the notable achievements of Jain with include steering the strategic collaboration with JFE, raising over $1 billion in JSW Steel and helping JSW Steel in the acquisition of Ispat Industries — now JSW Steel Dolvi Unit.

First Published: Tue, June 13 2017. 20:32 IST