Former Chairman, NMDC and Hindustan Copper
Mr. Rana Som is now a well-known Management Consultant, especially in the fields of Metals and Mining in India. He is now associated with Essar Group as a Director and Advisor. He is also on the boards of a number of companies in public and private sectors in India. Mr. Som had been the Chairman and Managing Director (CMD) of India's largest iron ore mining company, viz., National Minerals Development Corporation (NMDC) from 2007 till his superannuation on 31st December 2011. During his tenure as CMD, NMDC was not only bestowed with the status of a jewel public sector, but also adjudged by various bodies as the best performing Public Sector Company in India. Mr. Som was successful not only in increasing the production and profit in the company, but also in expanding the business through forward and backward integration and domestic and overseas acquisition. NMDC under his leadership started setting up its prestigious integrated steel plant project of 3 million tonne capacity in the State of Chhattisgarh in India. NMDC in 2011 had posted its net post tax profit of about USD 1.5 Billion.
Mr. Som was also the CMD of another mining company, viz., Hindustan Copper Ltd., which had been the only copper mining company in India. Mr. Som is known to have been the architect of turning around Hindustan Copper Ltd. from a long phase of sickness to revival.
Mr. Som holds a Masters degree in Economics and a Post Graduation Diploma in Human Resource Management. He started his career in 1972 and served various organisations for more than 39 years till December 2011. He has been an author of number of articles and speaker in a number of national and international forums.
His book namely, 'The Sleeping Tigers' which unveils the inner strengths of India's Public sector companies has evoked interest in India and abroad.