Lloyds Metals and Energy Limited at the Board of Directors at its meeting held on 16th March, 2023 has appointed Mr. Subbarao Venkata Munnang (DIN: 06495576) as an Additional Independent Director of the Company with effect from 16th March, 2023. Mr. Subbarao Venkata Munnang is 61 years old residing at Bangalore. He has done his B.Tech (Metallurgy) from NIT Warangal, DIM (Management) from IGNOU, PG Diploma (Marketing) from Annamalai University and MBA (Marketing) from JRNRV University.

He was the Chairman-cum-Managing Director of KIOCL Limited, (Schedule A listed PSU Company under Ministry of Steel, Government of India) Bangalore and retired on 30th June, 2021. He has also been associated with NMDC Limited, JSPL Limited, as an advisor for global procurement of bulk minerals, mining, palletisation, arbitration, recruitment etc. He has attended as a speaker in various National and International Seminars and published Technical Papers on Iron & Steel in several Indian Journals.

He has received Best CEO award from world HRD Congress, Udyog Rattan Award from Institute of Economic Studies, distinguished Alumni Award from NIT, Warangal. Best CMD Corporate Management Innovative Excellence Award from GEOMINETECH, outstanding contribution to the Indian Public Sector Industry from Indian Chamber of Commerce . He also played a key role in increasing % of sponge iron (HBI, DRI) in charge mix in EAF, IF, COREX at the initial stages of establishment of DRI Industry in India.

He turned KIOCL Limited a turnaround of loss-making company into profit making and a continuous dividend paying company. He also entered into mineral exploration portal and handled 14 iron ore, lime stone blocks. He also Developed domestic market for foundry grade pig iron, iron ore pellets and also expanded export market for pellets to Middle East, North America, Europe etc.

During his tenure at KIOCL Limited Mr. Subbarao Venkata Munnang got approved and established green field solar power plants, coke oven, modernisation of Pellet Plant, implementation of ERP/SAP, O&M contract with NMDC Limited pellet plant, chrome ore beneficiation plant of OMC and the Company has received several times awards for outstanding performance from the Government of India. Currently he is working as Residential Advisor with Welspun Group.