NEW DELHI: On his appointment as Director on the Board of Bharat Heavy Electricals Limited (BHEL), Mr. W.V.K. KrishnaShankar, 57, has assumed charge as Director (Industrial Systems & Products) of the Maharatna Public Sector engineering and manufacturing enterprise, here today.
Prior to this, he was heading the company's Corporate Planning & Development (P&D) wing as Executive Director. A Mechanical Engineer from University Visveswarayya College of Engineering, Bangalore University with a Diploma in Management, Mr. Krishna Shankar has also undergone training in Corporate Planning at IMI (nowIMD), Geneva, Switzerland.
Mr. Krishna Shankar has 36 years of diversified and versatile professional experience through working in major segments of BHEL. He has handled a variety of assignments in strategic as well as operational areas in various capacities and functions. He was elevated to the position of Executive Director in July 2010.
Starting his career in BHELBSE 1.36 % as an Engineer Trainee at Tiruchirappalli in 1977, he was involved in project planning, scheduling and monitoring activities related to the setting up of the Seamless Steel Tube Plant of BHEL at Tiruchirappalli. During 1998 to 2004, as part of Industry Business Sector, he was actively associated with the marketing of Pulverized fuel based Captive Power Plants, DG Power Plants and Defence Products & systems.
Mr. W.V.K. Krishna Shankar worked with the National Manufacturing Competitiveness Council formed by the Government of India as a forum at the highest level for policy dialogue to energize & sustain manufacturing in India. He was associated with the drafting of the 'National Strategy for Manufacturing' in March 2006 as well as the recommendations forming a part of the 'Report of Prime Minister's Group on Measures for ensuring sustained growth of the Indian Manufacturing Sector' in September, 2008.
He has been involved in drawing up five Corporate Plans for the company starting with the Corporate Plan for the 80s, and led the exercise in creating a new vision, mission and values for the company in 2010-11 by carrying out a unique experiment of capturing the imagination of younger generation. The company's new 'Strategic Plan 2012-17' aims to realize a revenue target of US$ 18 billion by 2016-17.
He has successfully handled the Investor Relations portfolio for five years. He has represented BHEL at several interactive forums in Canada, France, Germany, Italy, Singapore, Switzerland, UK and USA. He is an invited member on the CII-Capital Goods committee and FICCI-Capital Goods committee and is also the BHEL Nominee Director on the Board of Dada Dhuniwale Khandwa Power Limited (2x800 MW Joint Venture of BHEL & MPPGCL).