The Hero Group which started out in

Board of Directors

Dr. Sunil Kant Munjal


Dr. Sunil Kant Munjal is the Jt. Managing Director of Hero MotoCorp Ltd. and Chairman of Hero Corporate Service Private Ltd. recognized by ‘India Today’ – India’s largest English newsmagazine, as one of the “Faces of the Millennium” for business.He is responsible for developing growth strategy and implementation of new business plans for the Group.

Dr. Sunil Kant Munjal has received Glob Scot Award from the Scottish Government in Sept., 2012. His name has been inscribed on The Royal Society of Medicine’s Wall of Honour at London in recognition of his contribution in Affordable Healthcare as President of Dayanand Medical College & Hospital, Ludhiana in February, 2013. He is also the President of the Ludhiana Sanskritik Samagam, an organization that promotes performing arts across North India.

He is also the Founder Chairman of BML Educorp Services and is the guiding force behind the BML Munjal University and is playing a key role in helping create a unique Higher Education Initiative. He is an Advisory Board Member of the UK India Business Council.

He is on the boards of the Indian School of Business at Hyderabad and Mohali. He is member of the Board of Governors of IIT, Ropar in Punjab. He also serves on the President’s Council at the University of Tokyo. He has been appointed by the Punjab Govt as Chairman of the Board of Governors of Punjab Technical University, Jalandhar in October, 2012.

Dr. Munjal was President of Confederation of Indian Industry (CII). He is currently a member of Prime Minister’s Council on Trade & Industry that regularly interacts with the Indian Prime Minister on economic issues.

Mr. Suman Kant Munjal


Mr. Suman Kant Munjal is the Managing Director of Rockman Industries Ltd., one of the leading manufacturers of automotive Aluminum Die Casting components in India. Mr. Munjal, a graduate in Commerce from Punjab University, has been instrumental in transforming Rockman Industries Ltd. into a leading player in the die casting industry. Mr. Munjal started his career in Rockman Cycle Industries Limited in 1975, taking over the reigns as the CEO of the Company in 1983. Under his guidance and leadership, Rockman Industries Limited became the World’s largest manufacturer of bicycle chains and hubs. Mr. Munjal established the Auto Components Division for Rockman in 1995 by manufacturing motorcycle chains and further diversified into the aluminium die-cast auto components space in the year 2000. Under his leadership the business has grown by leaps and bounds. Mr. Munjal is a member of the Board of Directors of the public listed company, Hero MotoCorp Ltd. Mr. Munjal is a fine human being known to lead his Rockman employees as a family. He is involved in a number of philanthropic and cultural activities and actively contributes to many social causes.

Mr. S.K. Roongta


Mr. S.K. Roongta, 65, is an Electrical Engineering graduate from BITS, Pilani and PG Diploma in Business Management (International Trade) from IIFT, New Delhi- Gold Medallist. He is regarded as one of the prominent experts on Strategy and turnaround in Manufacturing Industry in India. Known for this strategic acumen, Mr. Roongta is the key person referred to by the Industry as well as Government for various issues related to mining, metals and power sectors and has been part of various Government and industry forums and expert panels.

He joined Steel Authority of India Ltd (SAIL) as Executive (Marketing) in 1972 and rose to become its Chairman (2006-2010). His astute vision of the micro aspect of the business, global and strategic vision helped him transform SAIL from a position of just a large steel PSU to a steel company admired throughout the world. At the peak of the global meltdown in 2008-09, his key initiatives and deft handling helped SAIL become one of the few companies to emerge stronger from the crisis. The post meltdown performance of SAIL was hailed as a breakthrough achievement by any Indian corporate. Under his leadership SAIL was adjudged by World Steel Dynamics, USA as the 2nd best steel company globally (next to POSCO).

In June 2011, Mr. Roongta joined Vedanta Ltd- a globally diversified resource company as its Managing Director, Aluminium and Power Business (Turnover of $ 3 billion). During his four year stint with the group (till May 2015), he could bring about significant improvements in asset utilization, financial and operational performance and took strategic steps for long term raw materials security. He is presently non-executive Chairman – Bharat Aluminium Company Ltd (BALCO) and Talwandi Sabo Power Ltd (TSPL),both Vedanta group companies. He also serves as Principal Advisor, Essar Steel India Ltd.

He serves as Independent Director on the Boards of ACC Limited, Jubilant Industries Limited (JIL) and Jubilant Agri and Consumer Products Limited and SPML Infra Ld. He had earlier served as Independent Director on the Boards of Axis Bank Ltd, Hindustan Petroleum Corpn Ltd (HPCL), the Shipping Corporation of India Ltd (SCI) and Neyveli Lignite Corpn Ltd (NLC).

His report as Chairman of “Panel of Experts on reforms in the Central PSEs”, constituted by the Planning Commission (2010-2011), widely known as the ‘Roongta Committee Report’, is taken as the benchmark for CPSE reforms. He was also a member of the Steering Committee on Industry for the 12th Five Year Plan (2011-2013) and Chairman of one of the working groups on ‘Reforming Role of CPSEs’. He also served as a member of the committee formed by the Ministry of Corporate Affairs (2011), to formulate a policy document on Corporate Governance.

He served as Chairman, Board of Governors, IIT Bhubneshwar (2012-2015) and is a Member of Board of Management, JKL University, Jaipur.

He holds several important positions in various apex chambers, being Chair of Steel and Metal committee of FICCI, Member of the Managing Committee of PHD Chamber of Commerce & Industry and Chair of National Expert Committee on Minerals and Metals of the Indian Chamber of Commerce (ICC). He is also a fellow member of the All India Management Association.

He is recipient of several awards and accolades including SCOPE Award for Excellence and Outstanding Contribution to the Public Sector Management- Individual Category and Alumnus of the Year Award- IIFT.

Appointment Letter

Ms. Rekha Sethi


Ms. Rekha Sethi is the Director General of the All India Management Association (AIMA), the apex body for management in India.

AIMA is a non-lobbying organization, working closely with Industry, Government, Academia and students to further the cause of the management profession in India. AIMA makes a salutary contribution to management learning and practice in the country by offering various services in the areas of testing, distance education, research, publications and management development programmes. AIMA is also represented on the Boards of India's premier Business Institutions. With a broad base of 64 Local Management Associations and 30,000 members, AIMA has contributed immensely to the enhancement of management capability in the country over the last five decades.

Rekha took charge of AIMA in June 2008. She has since established AIMA as the preferred platform for discussions and debates on management and strategy issues concerning the Indian management fraternity.

She has deepened AIMA's relationship with the Government of India and India Inc and raised the organization's public profile. AIMA now attracts India's top industry leaders and policy makers on its platform.

Rekha is on the Board of Sun Pharmaceutical Industries, world's fifth largest specialty generic pharmaceutical company and India's top pharmaceutical company, with revenue of over US $ 4.5 billion and a presence in over 150 countries, as an Independent Director. She is on the Board of Sun Pharma Laboratories Ltd and also an Independent Director on the Board of CESC, one of India's leading Power generation and distribution companies and the flagship company in the RP-Sanjiv Goenka Group

She also serves on the Executive Council of the National Board of Accreditation, which is mandated to facilitate quality in technical education syllabi in India. She is a member of the Advisory Board of the Switzerland based St Gallen Foundation think tank, Leaders of Tomorrow – Knowledge Pool.

Prior to joining AIMA, Rekha worked with India's premier industry organization, the Confederation of Indian Industry (CII) for over 17 years. There she led the initiative to create high-profile international events to promote India's economic interests. She established CII's Special Events Division, which conducted the 'India Everywhere' campaign at Davos and 'India@60' campaign in New York and many other mega events in India and overseas. She organized 'Made in India' exhibitions in 12 countries and also the Delhi-based mega industrial shows, Auto Expo and Def Expo.

Rekha started her career at the Centre for Development of Telematics (C-Dot) in 1985 and worked at UDI, India's first yellow pages publisher, before joining CII.

She graduated in English Literature from St Stephens College, Delhi, and has a post-graduate diploma in Advertising and Marketing.

Appointment Letter

Ms. Shefali Munjal


Ms. Shefali Munjal is a focused, enthusiastic and energetic young leader from India’s Hero Group. Having created a niche skill set in setting up and executing projects, she has been at the forefront of developing some of the Hero Group IT-enabled services businesses over the last few years. Besides this project setup, she has been an integral part of the business development and strategic decision making team at Hero Corporate. With a strong process driven approach, Ms. Shefali is actively involved in strategic reviewing of operations and is a hands-on team player. She has vast experience in project management and business building, distributor management, strategic initiatives and innovations. Her knowledge base includes Insurance distribution, business process outsourcing, Real Estate development, franchisee management, turnkey project setup, software services, automotive product development and Information Technology consulting. Her core value system is reflected in both her social / business projects undertaken over the past few years. This is well reflected in her independent promotion of several Rural Rehabilitation projects in the Delhi area. She is currently a member of the CII’s National Committee on Insurance & Pensions, a founding member of the CII Young Indians Council, the Entrepreneurs Organization (Delhi Chapter) and The Art of Living Foundation.

Mr. J.S. Butran


Mr. J.S. Butran is a Human Resources Professional with over 27 years of generalist experience in leading organizational development and human resources initiatives linking human capital to strategic business results. Mr. J.S. Butran realigned recruiting strategy to better develop talent pipeline including building training program. He managed strategic communication plan to internal and external stakeholders, evaluated available talent to determine fit to new structure, staffed new teams and effectively managed the outplacement of impacted employees.

He joined in J.K. Tyres Limited (1987 -1988) as a Part of HR team, one of the largest tyre manufacturing company in the country with approximately 3000 employees at multiple sites and his Responsibilities include staffing, recruiting, compliance, benefits, safety, OSHA, employee relations. Responsible for start-up of new facilities.

He worked with Tata Forbes & Cambells Ltd. from 1988 to 1991 his major competencies there includes: Recruiting and Retention – Employee Relations - Organizational Development, Talent Management - Training and Development - Compensation and Incentive Plans, Policy Development and Administration.

He worked with HCL Infosys Ltd., Noida from 1991 to 1996 his major competencies there includes: Responsible for managing the HR team & effectively driving all HR functions, Drove the continuous personal improvement and professional development of both leadership and non-leadership employees reducing turnover by 10%, Identified and implemented numerous ideas to streamline processes to include: centralizing key HR functions (staffing, training, and payroll) for different sites, uploading large data files versus individual data entry, and automating metrics and reporting, resulting in a substantial cost savings.

Since 01-July-1996 he is associated with Hero Steels Limited and is bringing in the company balance & simplicity to human resource process. He is working with a team to attract & retain a highly skilled and motivated workforce by implementing innovative and cost saving programmes and is engaged in Employee Relations, Staffing, Executive Coaching, Organizational Development, legal compliance.

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The Group
The spirit to manufacture outstanding products and to manage the perfect balance of fine quality and engineering satisfaction is the philosophy that drives the wheels of progress for Hero Group and its Companies.
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Address: Hero Steels Limited, Hero Nagar
G.T. Road, Ludhiana – 141003, Punjab (INDIA)
Phone: +91-161-4080000