IFGL Refractories Executive and Leadership Team

September, 2026

Leadership Overview

IFGL Refractories has 7 executives leading key functions including strategy, monocon operations, manufacturing, financial oversight, operational efficiency, sales growth, and global marketing.

Driven by a commitment to industrial excellence, IFGL Refractories delivers high-performance refractory solutions to iron-steel and foundry sectors across 50 countries while maintaining a focus on sustainable innovation.

Leadership Roles at IFGL Refractories

  • Director & Chief Executive Officer (India) - Arasu Shanmugam
  • Chief Executive Officer - Monocon - Manoj Rakhecha
  • Whole Time Director and Chief Executive Officer - Ajitkumar Srivastava
  • Chief Financial Officer - Amit Agarwal
  • Chief Operating Officer - Hirdesh Sehgal
  • Global President, Marketing - V. Rajgopalan
  • Chief Sales Officer - Manoranjan Beura
  • Arasu Shanmugam - Director & Chief Executive Officer (India)

    Arasu Shanmugam, the Director & Chief Executive Officer (India) at IFGL Refractories, directs all domestic manufacturing and strategic initiatives within the Indian market. Overseeing the integration of advanced refractory technologies, the Director & Chief Executive Officer (India) ensures that production units meet the rigorous demands of the iron-steel and foundry industries. This leadership role involves managing complex supply chains and optimizing engineering processes to maintain superior product quality. By fostering a people-first culture, Arasu Shanmugam empowers the local workforce to achieve operational excellence. The Director & Chief Executive Officer (India) collaborates closely with the board to align domestic output with global sustainability goals. Through consistent focus on innovation and customer-centric service, the Director & Chief Executive Officer (India) secures the company's market position as a premier provider of customized refractory solutions across the region.

    Manoj Rakhecha - Chief Executive Officer - Monocon

    Manoj Rakhecha, the Chief Executive Officer - Monocon at IFGL Refractories, architects the specialized strategy for the Monocon division, focusing on high-performance flow control products. Overseeing technical development and market penetration, the Chief Executive Officer - Monocon ensures that specialized refractory solutions meet the evolving needs of global steel producers. This leadership role involves driving research initiatives to enhance product durability and thermal efficiency. By managing cross-functional teams, Manoj Rakhecha aligns the Monocon division with the broader corporate mission of delivering exceptional customer service. The Chief Executive Officer - Monocon monitors international market trends to identify growth opportunities in both ferrous and non-ferrous sectors. Through rigorous quality control and engineering precision, the Chief Executive Officer - Monocon maintains the competitive edge of the product portfolio, ensuring that the company remains a trusted partner for steel manufacturers worldwide.

    Ajitkumar Srivastava - Whole Time Director and Chief Executive Officer

    Ajitkumar Srivastava, the Whole Time Director and Chief Executive Officer at IFGL Refractories, directs the overarching corporate strategy and long-term vision for the organization. Overseeing global manufacturing units, the Whole Time Director and Chief Executive Officer ensures that operational standards remain consistent across all international facilities. This leadership role involves coordinating with the board to drive sustainable growth and innovation within the refractory industry. By championing the research center, Ajitkumar Srivastava fosters an environment where advanced engineering solutions flourish. The Whole Time Director and Chief Executive Officer manages the alignment of departmental goals with the company's mission to provide superior products to the iron-steel and foundry sectors. Through strategic resource allocation and a focus on operational efficiency, the Whole Time Director and Chief Executive Officer secures the company's financial health and market leadership on a global scale.

    Amit Agarwal - Chief Financial Officer

    Amit Agarwal, the Chief Financial Officer at IFGL Refractories, directs all fiscal planning, capital allocation, and financial reporting for the organization. Overseeing the company's global financial health, the Chief Financial Officer ensures that investments in manufacturing and research align with long-term profitability targets. This leadership role involves managing risk, optimizing cash flow, and providing the board with data-driven insights to support strategic decision-making. By implementing robust financial controls, Amit Agarwal maintains the fiscal integrity required to support expansion across 50 countries. The Chief Financial Officer collaborates with other executives to ensure that operational initiatives remain within budgetary constraints while maximizing shareholder value. Through meticulous oversight of financial performance, the Chief Financial Officer supports the company's mission to deliver high-performance refractory solutions while maintaining a sustainable and efficient business model that serves the iron-steel and foundry industries.

    Hirdesh Sehgal - Chief Operating Officer

    Hirdesh Sehgal, the Chief Operating Officer at IFGL Refractories, directs the day-to-day manufacturing operations and supply chain logistics across all global facilities. Overseeing the production of customized refractory solutions, the Chief Operating Officer ensures that engineering standards meet the specific requirements of the iron-steel and foundry sectors. This leadership role involves optimizing plant efficiency and implementing lean manufacturing practices to reduce waste and improve output quality. By coordinating with the research center, Hirdesh Sehgal integrates new technologies into the production process to enhance product performance. The Chief Operating Officer manages the workforce to ensure safety and productivity remain at the forefront of the company's people-first culture. Through rigorous operational oversight, the Chief Operating Officer drives the company's ability to meet the demands of international markets, ensuring that high-performance products reach customers with consistency and reliability.

    V. Rajgopalan - Global President, Marketing

    V. Rajgopalan, the Global President, Marketing at IFGL Refractories, directs the brand strategy and international market positioning for the company's diverse refractory portfolio. Overseeing the communication of the company's value proposition, the Global President, Marketing ensures that the brand remains synonymous with innovation and quality in the iron-steel and foundry industries. This leadership role involves analyzing global market trends to guide promotional efforts and enhance the company's visibility across 50 countries. By managing marketing campaigns, V. Rajgopalan supports the sales team in capturing new market share and strengthening existing client relationships. The Global President, Marketing collaborates with the research center to highlight the technical advantages of the company's products. Through strategic brand management and market analysis, the Global President, Marketing drives the company's mission to be the preferred partner for high-performance refractory solutions on a global scale.

    Manoranjan Beura - Chief Sales Officer

    Manoranjan Beura, the Chief Sales Officer at IFGL Refractories, directs the global sales strategy and customer acquisition efforts for the company's refractory product lines. Overseeing the expansion of market reach, the Chief Sales Officer ensures that the organization maintains strong relationships with iron-steel and foundry clients across 50 countries. This leadership role involves identifying new business opportunities and tailoring sales approaches to meet the unique needs of both ferrous and non-ferrous sectors. By managing the sales force, Manoranjan Beura drives revenue growth and ensures that customer feedback informs product development. The Chief Sales Officer collaborates with the marketing and operations teams to ensure that sales targets align with production capabilities. Through a focus on exceptional customer service and technical support, the Chief Sales Officer secures long-term partnerships and reinforces the company's reputation as a leading provider of refractory solutions.

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    Frequently Asked Questions Regarding IFGL Refractories Top Executives and Leadership Team

    Who leads IFGL Refractories?
    IFGL Refractories is led by Arasu Shanmugam (Director & Chief Executive Officer (India)), along with executives such as Manoj Rakhecha (Chief Executive Officer - Monocon) and Ajitkumar Srivastava (Whole Time Director and Chief Executive Officer).
    Who is part of IFGL Refractories’s executive team?
    The executive team of IFGL Refractories includes leaders such as Arasu Shanmugam (Director & Chief Executive Officer (India)), Manoj Rakhecha (Chief Executive Officer - Monocon), Ajitkumar Srivastava (Whole Time Director and Chief Executive Officer) and other senior executives.
    How many executives does IFGL Refractories have?
    IFGL Refractories has 7 executives leading key business areas.
    What roles are included in IFGL Refractories’s leadership team?
    The leadership team of IFGL Refractories includes roles such as Director & Chief Executive Officer (India), Chief Executive Officer - Monocon, Whole Time Director and Chief Executive Officer, Chief Financial Officer, Chief Operating Officer.