Bimlendra Jha


Bimlendra Jha (born September 8, 1967) is a corporate leader, turnaround specialist and now an entrepreneur with nearly 3 decades spent with the Tata Group. Most recently, he served as MD/CEO of Ambuja Cement. Prior to which he was CEO of Tata Steel UK. During the course of his tenure in Europe, Bimlendra was responsible for re-structuring several under-performing assets using his expertise in Theory of Constraints to turn them to profitability and eventually sell them off.

Bimlendra Jha
Bimlendra in 2019
Born (1967-09-08) September 8, 1967
Kanpur, India
EducationPost Graduate Diploma in Business Management; Bachelor of Technology
Alma materIT BHU (Now IIT Varanasi); XLRI, Jamshedpur; INSEAD Fontainebleau and Singapore
OccupationBusiness Executive

Bimlendra came into the limelight in the U.K with several high-profile restructuring deals such as rescue and sale of British Steel (erstwhile Long Products Europe business of TSE) to Greybull Capital. The deal saved an estimated 5000 direct jobs for the struggling entitiy.[1][2][3][4]

Bimlendra was chosen to lead Tata Steel UK as its CEO in April 2016 to further restructure the business and stop it from bleeding a million pounds per day.[5] In a £100-million deal,[6] Bimlendra hived off the specialty steel business to Liberty House and launched a transformation program called Delivering our Future for performance improvement in Port Talbort and its linked supply chain in the U.K. Even as the business stopped bleeding and turned positive on EBIDTA, Bimlendra was famously quoted by BBC Wales, “whether you drown one feet in water or ten feet, you still drown”.[7] This is when he helped negotiate with the unions, a change in Britain's largest private pension scheme from defined benefits to defined contributions to de-risk the business, in a deal with the British Government that grabbed major headlines.[8]

In March 2020, Bimlendra founded IgnitingMinds Guru Pvt. Ltd and Mechi Enterprise.

Training and Education

Bachelor of Technology (Glass & Ceramics) from Institute of Technology, BHU Varanasi 1990

Post Graduate Diploma in Business Management, XLRI Jamshedpur 1995

General Management Program/Challenge of Leadership Program, CEDEP/INSEAD Fontainebleau 2002/2018

Certified Expert Supply Chain, Theory of Constraints 2005

Certified Master Black Belt Six Sigma, TPM, EVA 2004

Certified Assessor Tata Business Excellence Model (Also a Team Leader and Mentor) 1995 to date

Certified Assessor and Team Leader CII EXIM model based on EFQM

Additional Activities

Board Member of Theory of Constraints International Certification Organization 2018 to date

Board member of Ambuja Cement Foundation March 2019-20 and One India BSC 2019-20

Board Member Environment & Climate Change Board, Confederation of British Industry 2016 to 2018

Chairman Mechi Foundation Trust 2013 to date

Past Chairman Kantilal Gandhi Memorial Hospital, Jamshedpur 2008-2013

Past Chairman Value Engineering Society, Jamshedpur 2010-2013

Past President Jamshedpur Chess Association 2011-2013

Past Board Member: Dhamra Port; Jamipol; Indian Steel Wire Products 2010-2013

Past Chairman Bearings Division 2010-2013

References
  1. Monaghan, Angela (2017-05-02). "Tata deal with Liberty House saves 1,700 UK steel jobs". The Guardian. ISSN 0261-3077. Retrieved 2020-06-02.
  2. Andrew Picken (2016-03-20). "Scottish steel jobs saved as deal struck to reopen plants". The Sunday Post. Retrieved 2020-06-02.
  3. "Thousands of jobs at risk as India's Tata Steel seeks British exit". Reuters. 2016-03-30. Retrieved 2020-06-02.
  4. "4800 jobs saved: Tata Steel sells European operations to Greybull Capital". Zee Business. 2016-06-01. Retrieved 2020-06-02.
  5. "TATA STEEL UK LIMITED".
  6. Jones, Tamlyn (2017-02-09). "Black Country jobs saved with £100m rescue deal". birminghampost. Retrieved 2020-06-02.
  7. Meechan, Brian (2016-10-20). "Tata 'not out of the woods' yet". BBC News. Retrieved 2020-06-01.
  8. AuthorTelanganaToday. "Tata Steel signs deal with Liberty House Group". Telangana Today. Retrieved 2020-06-02.
  9. "Tata Tiscon | Quality Rebar Brand from Tata Steel". www.tatatiscon.co.in. Retrieved 2020-06-02.
  10. Treanor, Jill (2016-04-18). "Bimlendra Jha to head up Tata Steel UK". The Guardian. ISSN 0261-3077. Retrieved 2020-06-02.
  11. Ruddick, Graham (2016-12-07). "Tata Steel agrees deal with union chiefs to save 8,000 UK jobs". The Guardian. ISSN 0261-3077. Retrieved 2020-06-02.
  12. Gaur, Vatsala (2019-02-18). "Former Tata Steel UK Chief Bimlendra Jha to step in as new MD at Ambuja Cement". The Economic Times. Retrieved 2020-06-02.
  13. Editor, News (2020-02-21). "Bimlendra Jha has resigned as the managing director & CEO of Ambuja Cements". RealtyNXT. Retrieved 2020-06-02.CS1 maint: extra text: authors list (link)
  14. "Bimlendra Jha News and Updates from The Economic Times". The Economic Times. Retrieved 2020-06-02.
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