New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Coal for the appointment of Debasish Nanda as Director (Business Development) of Coal India Limited (CIL) on Friday. According to an order issued on July 7, from the Department of Personnel & Training (DoPT) Nanda has been appointed to the post with effect from the date of his assumption of charge of the post till the date of his superannuation i.e. May 31, 2025, or until further orders, whichever is earlier. Presently, he is serving as Executive Director in Indian Oil Corporation Limited (IOCL).
Earlier, PSU Watch had reported that Debasish Nanda was recommended for the post of Director (Business Development) of Coal India Limited by the Public Enterprises Selection Board (PESB) panel on March 17. He was among three candidates who were interviewed by the PESB selection panel for the post.
Nanda is a graduate in Mechanical Engineering from Sambalpur University with a Post-Graduation in Production Engineering from REC, Rourkela. He has also done Masters in International Business from IIFT, New Delhi.
He joined Indian Oil in 1988 as a Management Trainee in Marketing Division and spent 11 years in the marketing of Servo lubricants. Thereafter, he moved to Business Development Group in 1999. He had a stint in Business Development activities viz. expansion of lube business overseas, exports of POL, setting-up of Indian Oil’s subsidiaries, etc. before moving to Indian Oil’s Gas Business in 2009.
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