Wishing Mr. Nitesh Sanghi greater responsibilities and exciting challenges in this impressive new chapter!
Nitesh Sanghi has been appointed as the new Vice President for Banking and Finance at JSW Steel. In this elevated role, he will lead strategic banking relationships, financial planning, and drive operational efficiencies across JSW Steel’s operations in India and globally.
With over 18 years of experience at JSW, Nitesh has contributed significantly in areas such as working capital management, long-term fund-raising, hedging strategies, and SAP-based process integration. He also managed import operations worth over USD 4 billion. Most recently, as General Manager for Banking and Finance, he spearheaded several impactful initiatives. These include the development of standard operating procedures for AEO T2 certification, full integration of import modules within SAP, and strengthening of back-office finance operations
Before his journey with JSW, Nitesh served as Branch Credit Manager at ICICI Bank. He was responsible for large loan disbursals, credit operations across multiple branches in Punjab and Haryana, and new product innovation. His leadership and performance earned him the highest sanctioning authority in his region.
Nitesh has also held key finance roles at Jindal Stainless Limited, Ispat Industries Limited, and Ruchi Soya Industries Limited. His work across different industries has helped him build expertise in product costing, budgeting, management information systems, and gain-loss reconciliations.
With his strong background in finance, banking, systems implementation, and process optimization, Nitesh Sanghi is expected to play a major role in strengthening JSW Steel’s financial structure and supporting its growth strategy.
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