By Dipo Olowookere
Mr Ravindra Singh Singhvit has been named as the Chief Operating Officer (COO) of Dangote Sugar Refinery Plc.
A statement issued by the firm to the Nigerian Stock Exchange (NSE) disclosed that Mr Singhvit assumed his new role on August 13, 2018.
The new COO is has over 37 years of proven experience in leadership positions in Manufacturing and Processes in Sugar, Petrochemicals, Cement and Textiles products industries in India.
Mr Singhvi is a Chartered Accountant with background in Company Secretarial duties and General Management. He possesses a Bachelor’s Degree in B.Com (Hons) and Law (l) from the University of Jodhpur, India,
Prior to joining Dangote Sugar Refinery Plc, Mr Singhvi was the Managing Director & CEO of NSL Sugar Limited, Hyderabad, India, Managing Director, EID Parry (1) Limited, Chennai, India, one of top three sugar producing companies in India.
He was also President Indo Rama Group, Birla Group and Executive Director at S. Kumar Nationwide Limited amongst others.
Mr Singhvi has experience in turning around some of the companies he has managed in the Sugar, Petrochemical, textile industry etc. He has helped companies improving performance operationally & financially. He has helped the companies in raising substantial amount of loans for projects & working capital from local as well as international banks.
He has dealt at the level of Central Ministers, Chief Ministers, Principal Secretaries and various government bodies to draft new policies, laws etc.
One significant achievement was the signing of the Power Purchase Agreement of 550 MW with the Govt of Karnataka State for various sugar companies. He was the Chairman of the Committee for Sugar Association for drafting of the new Sugar Cane Act in the State of Karnataka for fixation of Sugar Cane Price. He was the Chairman of Power Committee of Indian Sugar Manufacturers Association at the national level.