New Delhi: Saibal Chattopadhyay is set to be next Director (Finance) of HIL (India) Limited, a PSU under the Ministry of Chemicals and Fertilizers. He has been recommended by a Public Enterprises Selection Board (PESB) panel on Thursday. He is currently serving as General Manager (Finance) in the same organisation.
There was one more candidate for the post of Director (Finance) of HIL (India) Limited other than Chattopadhyay. The other candidate was from SJVN Limited. Chattopadhyay will replace Anjan Banerjee, who is serving on the position since February 15, 2017.
Chattopadhyay is a Cost Accountant of the Institute of Cost Accountants of India (ICAI) and Company Secretary of Institute of Company Secretaries of India (ICSI). He has a rich experience in the Finance and related sector. He joined HIL (India) Limited on March 12, 2018. Prior to joining HIL, he has worked with Rashtriya Chemicals & Fertilizers (RCF) and Hindustan Copper Limited (HCL).
HIL (India) Limited formerly known as Hindustan Insecticides Limited (HIL), a PSU under the Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers. The company was incorporated in March 1954 with the objective of supplying Dichlorodiphenyltrichloroethane (DDT) for the National Malaria Eradication Programme launched by the government of India. Subsequently, the company diversified into agro pesticides to meet the requirements of the agriculture sector and has grown manifold with a turnover of Rs 450.74 crores in the year 2018-19. Presently the company is also operating in agro inputs namely agro-chemicals, seeds and recently it ventured into fertilizers so that all the requirement of the farming community can be met under one roof.