New Delhi: Saravanan U is set to be the next Chairman & Managing Director (CMD) of National Fertilizers Limited (NFL), a Miniratna PSU under the Department of Fertilizers. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Friday. Presently, he is serving as CMD of Madras Fertilizers Limited (MFL).
The NFL's CMD post fell vacant after its former head Virendra Nath Datt superannuated in June 2022. Since then, NFL's Director (Marketing) has been holding the additional charge of the post.
Saravanan has been recommended for the post of CMD of NFL from a list of two candidates, who were interviewed by the PESB panel in its selection meeting held on February 3, 2023. Another candidate was from NFL.
As CMD of NFL, Saravanan will be the Chief Executive of the corporation and shall be accountable to its board of directors and the government. He will also be responsible for the efficient functioning of the corporation for achieving its corporate objectives and performance parameters.
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