- Director, Essar Group, India
Prashant Ruia, Member of Board, Essar Capital Ltd is part of the Ruia family which is the founding family of Essar. Essar was founded by his father, Shashi Ruia, Chairman and uncle, Ravi Ruia, Vice-Chairman. Essar Global Fund Limited is a diversified global private equity fund exclusively managed by its investment manager, Essar Capital Limited. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure (comprising ports and EPC businesses) and Services. The aggregated revenues of the Fund’s portfolio companies is in excess of US$35 billion. The Fund’s portfolio comprises of over 60 assets and employ over 60,000 people across 29 countries, all assets have adopted international standards of health, safety, environmental protection and corporate governance. As a global organization, Essar strives to conduct all its activities in a socially responsible and sustainable way. Prashant holds several key positions on various regulatory and professional boards.