Mahendra Pratap Mall is new CMD of IRCTC; 1993 batch IRSEE Vinit Kumar made chairman of Kolkata Port Trust

Mahendra Pratap Mall, presently director (finance) in IRCTC, will be the new CMD of #IRCTC for five years. The Appointments Committee of the Cabinet (ACC) on Tuesday gave its nod to the proposal of Indian Railways to elevate Mall as the new chief of the rail PSU. The ACC on Tuesday also approved the appointment of Alok Tripathi, a 1999 batch Indian Railway Traffic Service (IRTS) officer, as executive director of Petroleum Conservation Research Association (PCRA), New Delhi till October 4, 2019. Another railway officer — Vinit Kumar, a 1993 batch IRSEE — has been appointed as…

Know Your IAS: N Baijendra Kumar, new CMD of NMDC

N Baijendra Kumar, 1985 batch Chhattisgarh cadre IAS who till recently has been serving as additional chief secretary in the state, will be the new chairman and managing director (CMD) of National Mineral Development Corporation (NMDC), a government-run company that comes under the union ministry of steel. The government in an order dated July 21 had appointed 1988 batch Himachal Pradesh cadre IAS Ali Raza Rizvi as NDMC’s CEO, but it changed its mind saying in an order issued last week that “the earlier order of appointing Rizvi as CMD of NMDC stands cancelled”. Here are 10 things to know about Baijendra Kumar, the new CMD of NMDC:

2 new CMDs, 1 MD and extension of tenure for ITPO CMD and former home secretary LC Goyal

LC Goyal, CMD of ITPO (File photo)

ON MONDAY, the Appointments Committee of the Cabinet (ACC) gave its nod to the appointment of two CMDs — of Andrew Yule and Co Ltd and Hindustan Copper Ltd (HCL)—, one MD (IFCL Ltd), apart from extending the tenure of LC Goyal, the CMD of India Trade Promotion Organization (ITPO) for one more year. Goyal’s tenure has been extended for one year beyond…

Know Your Babu: New SIDBI chairman and UP cadre IAS Mohammad Mustafa; Also, Manas Sarkar appointed as director in Kolkata Metro

Mohammad Mustafa, 1995 batch Uttar Pradesh cadre IAS and joint secretary in the department of financial services, has been appointed as chairman and managing director (CMD) of Small Industries Development Bank of India (SIDBI) on deputation basis for three years. This 49-year-old officer originally belongs to Uttar Pradesh and was allotted UP cadre after getting into IAS. He has been with the department of financial services, one of the five departments in the ministry of finance, since September 2012 — first as a director and then as joint secretary. Earlier, he was the mission director of...

What is the name of REC chairman? DoPT issues clarifications 3 months after PV Ramesh took over

FOUR months after the Central government released an order saying that the Appointments Committee of the Cabinet (ACC) approved “Dr P.V. Ramesh Babu’s” appointment as the chairman and managing director (CMD) of Rural Electrification Corporation (REC), the government on Friday released an corrigendum stating his name is…

MTNL to remain without a permanent CMD for longer; Oriental Insurance too joins the list of headless entities

TWO major government-run companies — Mahanagar Telecom Nigam Ltd (MTNL) and Oriental Insurance Company Ltd will continue to be run without permanent CMDs as their regular heads are still being searched for, and the Appointments Committee of the Cabinet in the meantime, gave its nod to adhoc postings. According to order issued on Tuesday, the Appointments Committee of the Cabinet, headed by Prime Minister, approved the proposal of…

PV Ramesh: This doctor-turned IAS is new CMD of Rural Electrification Corporation

PV Ramesh, a 1985 batch Andhra Pradesh cadre IAS, took over as Chairman and Managing Director (CMD) of Rural Electrification Corporation Limited (REC). A trained physician from the Christian medical college and hospital, Vellore, Ramesh was serving at his cadre as special chief secretary, environment, forest, science and technology and also…

20 months of adhoc CMD in Oil India; New advt says, experience in oil sector only “desirable"

UP Singh, IAS

AFTER 20 months of running India’s second largest public sector explorer, Oil India Ltd (OIL), with an adhoc CMD, the government has issued a fresh advertisement looking for suitable candidates from Central Public Sector Enterprises, Group “A” services (joint secretary on a deputation) or officers from armed forces holding the rank of major general or above to fill up the post of chairman and managing director (CMD) currently being held by petroleum ministry’s additional secretary and 1985 batch Odisha cadre IAS Upendra Prasad Singh. Singh, considered to be the most powerful bureaucrat in the petroleum ministry because of his…

When PESB interviews but finds no one suitable as directors or CMDs of PSUs; List of instances

HAVE India’s public sector enterprises ceased to get quality people to man their boards? The answer may not be a straight “yes”, but there have been at least five instances in the last six months in which the Public Enterprises Selection Board or the PESB that selects personnel for the posts of CMD and directors in PSUs, found no suitable candidates even after…

Babus in Demand: JS ranked officer required to head new PSU BBNL

HEARD of a new PSU called BBNL? If the government has its way, BBNL or Bharat Broadband Network Limited that is planning to roll out a Rs 20,000-crore project in two years, will be a household name in every village in India. Now, the government’s personnel department DoPT has issued a letter to all Union government secretaries and state chief secretaries to…

Usha Ananthasubramanian: First CMD of all-women Bharatiya Mahila Bank specializes on statistics, ancient culture…

BANKER Usha Ananthasubramanian has duel masters on diametrically opposite subjects: one on statistics and the other on ancient Indian culture. On the top of it, she understands branding. So, when finance minister P Chidambaram was on a lookout for a candidate to head India’s first all-women bank, Bharatiya Mahila Bank, he spotted…

Will ex-IAS Narsing Rao succeed in replicating Singareni magic in Coal India?

DURING the last few days, the world’s largest coal producing company, Coal India Limited, faced some bad press, and also the wrath of the Dalal Street. After all, its first quarter net profit witnessed a sharp fall by 16.51 per cent, much below the Street’s expectations, forcing the stock to test a 52-week low at Rs 248 on the Bombay Stock Exchange though it had partially recovered during later part of Monday. Coal India chairman S Narsing Rao, a 1986 batch IAS officer who had resigned from the service to get himself absorbed into the company last year, hopped over from…

Will CMDs of public sector companies be given a fixed 3-year-tenure?

A FEW top bureaucrats’ posts such as cabinet secretary, home or defence secretary, has a fixed tenure of two years. Their retirement age does not matter as long as the concerned officer is appointed before he attains 60. Now, the government is planning to have a fixed tenure of three years to CMDs and directors of…