Management

Board Of Directors

Mr. M M Murugappan, Chairman

He holds a Master’s degree in Chemical Engineering from the University of Michigan, USA. He has held the position of Managing Director of CUMI in the past. Besides serving as the Chairman of CUMI, Tube Investments of India, Shanti Gears, Wendt (India), Murugappa Morgan Thermal Ceramics, he is on the Boards of several companies including Cholamandalam Investment and Finance Company, Mahindra & Mahindra, IIT Madras Research Park and Cyient. Mr. Murugappan was elected as a fellow of the Indian Ceramic Society and is also a member of the American Institute of Chemical Engineers, Indian Institute of Chemical Engineers, Plastics & Rubber Institute. He is also a member of the Board of Governors, IIT Madras.

He is the Chairman of the Board and the Stakeholders Relationship Committee.

Mr. T L Palani Kumar, Non-Executive Independent Director

He is a Graduate in Chemical Engineering from IIT, Madras and a Post Graduate (Diploma) in Business Administration from IIM, Ahmedabad. He has served as the Chief Executive Officer of Escorts Tractors Limited & New Holland Tractors Private Limited and as the Managing Director of Bharat Aluminium Company Limited. He is also on the Board of SBI Capital Markets, Fostiima Integrated Learning Resources Private Limited.

He is the Chairman of the Audit Committee and member of the Nomination and Remuneration Committee of the Board.

Mr. M Lakshminarayan, Non-Executive Independent Director

He holds a Master’s degree in Mechanical Engineering from IIT, Mumbai and is a fellow member of the Indian Institute of Production Engineering. He is on the Boards of several companies like Rane (Madras), TVS Electronics, Kirloskar Oil Engines, TVS Automobile Solutions and is the Chairman of WABCO India. He has also served as the Joint Managing Director of Bosch Limited and as a Director on the Board of Harman International (India) Private Limited.

He has been the Chairman of Confederation of Indian Industry, Southern Region Council & Karnataka State Council besides being a member of Karnataka State Industrial Policy Board and an Executive Council Member of Indian Machine Tool Manufacturer’s Association.

He is the Chairman of the Risk Management Committee and Nomination and Remuneration Committee and a member of the Audit Committee of the Board.

Mr. Shobhan Thakore, Non-Executive Independent Director

He holds a Bachelor’s degree in Arts (Politics) and Law from the Mumbai University. He is a Solicitor of High Court Mumbai and the Supreme Court of England and Wales. He has more than 4 decades of experience as an advocate. He has been a partner of Bhaishankar Kanga & Girdharlal and AZB & Partners, Advocates & Solicitors. He is the co-founder of the law firm Talwar Thakore & Associates. He is currently on the Boards of various companies including Alkyl Amines Chemicals, Birla Sun Life Insurance Company, Bharat Forge, Morarjee Textiles, Reliance Jio Private Limited, etc.

He is the Chairman of Corporate Social Responsibility Committee and member of Nomination and Remuneration Committee of the Board.

Mr. Sanjay Jayavarthanavelu, Non-Executive Independent Director

He holds a Master’s degree in Business Administration from Philadelphia University, USA. Currently, he is serving as the Chairman and Managing Director of Lakshmi Machine Works and as the Chairman of Super Sales, Lakshmi Life Sciences and Quattro Engineering India. He is also on the Boards of several companies viz., The Lakshmi Mills Company, Lakshmi Technology and Engineering Industries etc.

He is a member of the Audit Committee of the Board.

Mr Aroon Raman, Non Executive Independent Director

He holds a Master’s degree in Economics from Jawaharlal Nehru University, New Delhi and a MBA from Wharton School, USA. He was the Managing Director of Raman Boards and Raman Fibre Science Private Limited. He was also on the Board of Sundaram Finance Limited. Besides this, he has served as the Chairman of Confederation of Indian Industry, Karnataka and is currently on the Boards of various companies including Telos Investments & Technologies Private Limited, Wheels India, Brigade Enterprises, TVS Automobile Solutions and EduTech NTTF Private Limited.

He is a member of the Corporate Social Responsibility Committee of the Board.

Ms. Bharati Rao, Non-Executive Independent Director

She holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers. She brings in over three-decades of rich experience in Banking and Finance. Having joined State Bank of India in the year 1972, she rose to become its Deputy Managing Director, holding concurrent charge of few of its associate banks and non-banking subsidiaries besides being an Advisor for mergers and acquisitions.

She is also on the Boards of Tata Teleservices, Cholamandalam Investment and Finance Company, SBI capital Markets, SBI Caps (UK), Wheels India Limited etc.

She is a member of the Audit Committee of the Board.

Mr. M A M Arunachalam, Non-Executive Director

Also referred as Mr. Arun Murugappan, he is an MBA graduate from the University of Chicago. He is the Managing Director of Parry Enterprises India Limited. A fourth generation member of the Murugappa family, he drives the business development and strategic initiatives for the Company by identifying opportunities for its divisions – General Marketing Division (GMD), Parry Travels and Tuflex India. He is also on the Board of Coromandel Engineering Company Limited.

Mr. K Srinivasan, Managing Director

He is a Graduate in Mechanical Engineering from REC, Surathkal, Karnataka. He was the Vice President of Wendt India Limited. He has been associated with the Company since 1999 and was part of the team that set up the first overseas operations in Australia.

He is currently on the Boards of Wendt India Limited, Sterling Abrasives Limited and Volzhsky Abrasive Works etc.

He is a member of the Risk Management Committee, Corporate Social Responsibility Committee and Stakeholders Relationship Committee of the Board.

MANAGEMENT  COMMITTEE

CUMI’s Management Committee, steers the organisation to meet overall objectives within the boundaries set by the Board of Directors. The Committee comprises: K Srinivasan - Managing Director,

N Ananthaseshan President - Abrasives

He has completed his M.Sc (Applied Sciences) & M Tech Material Sciences from the Indian Institute of Technology, Kharagpur. He has over 24 years of experience in Electro Minerals & Abrasives. He is with CUMI since 1987.

Rajesh Khanna President - Ceramics

He is a Mechanical Engineer from The National Institute of Technology, Raipur. He has over 30 years of experience. He is with CUMI since 2012.

R Rajagopalan Executive Vice President - Refractories & Prodorite

He is an engineer from Madurai Kamaraj University, and Masters in Business Administration from Open University UK. He has been with CUMI for over 29 years.

P S Jayan Executive Vice President - Electrominerals

A Chemical Engineer by qualification, he during the 30 years of his service with CUMI has spearheaded several innovations for the Company.

M Muthiah Executive Vice President – HR

He is an alumni of the Madurai Institute of Social Work, Madurai and a Masters in Business Administration with over 26 years of experience in the industry. He has been with CUMI for over 12 years.

R Sridharan Executive Vice President and Chief Financial Officer

A Chartered Accountant and a Cost accountant with over two decades of multinational and cross-cultural experience. He is with CUMI since June 2011.

Committee Composition

Terms of Reference - Appointment of Independent Director (2014)

Notice for Candidature (2015)

Murugappa Group Abrasives & Ceramics Manufacturers