Board and Committees

Anshuman Ruia is part of the second generation of the Ruia family that founded Essar. Essar was founded in 1969 by his father, Shashi Ruia, and uncle, Ravi Ruia.

 Anshuman is known for his financial expertise and project execution skills that have been invaluable in Essar’s value creation journey. He was instrumental in overseeing Aegis, Essar’s erstwhile BPO business, which expanded more than tenfold within a short span of time. In 2014 and 2017, the Aegis business was monetised in two tranches at a value that was almost 20 times the amount invested in the business. He was also involved in the construction of the 20 million tons Essar Oil refinery in Vadinar, which is one of India’s most advanced refineries. The refinery was recently acquired by Rosneft and the Trafigura-UCP consortium following a landmark $12.9 billion transaction that was also the largest FDI in India’s Energy sector.

 A strong believer in adopting a modular approach in project management, he has ensured that these assets of national importance were completed within committed timelines. Anshuman has always been a trenchant advocate for business turnaround and growth by taking bold decisions. Currently, Anshuman is leading Essar’s investment in asset-light, new age businesses in the technology and fintech domains. He is also involved in the Ports business where he is driving higher efficiencies and developing an international footprint. Anshuman’s deep knowledge of finance and corporate structure has earned him the respect of his peers. He is a member of the YPO (Young Presidents Organisation).

 He is married to Radhika, and has two sons, Yuvraj and Yudhishthir. Anshuman is also a passionate connoisseur of music and a keen table tennis player.