New Delhi: Pradeep Kumar Chand is set to be the next Director (Finance) of Cement Corporation of India (CCI), a PSU under the Ministry of Heavy Industries and Public Enterprises. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Friday. He is currently serving as General Manager in Brahmaputra Cracker and Polymer Limited (BCPL).

Chand has been selected for the post of Director (Finance) of CCI from a list of two candidates, who were interviewed by the PESB selection panel in its selection meeting held on March 25. Another candidate who was on the list was from Chief Financial Officer in Rosa Power Supply Company Limited.

As Director (Finance) of CCI, Chand will be a member of the board of Directors and will report to the Chairman and Managing Director (CMD). He will be overall in charge of finance and accounts of the organisation and is responsible for evolving and formulating policies relating to finance and accounts as well as implementation.

Cement Corporation of India Limited (CCI) was incorporated as a company wholly owned by the government. The principal objective of the company is achieving self-sufficiency in cement production. The authorised and paid-up capital of the company is Rs 900 crores and Rs 811.41 crores respectively. CCI is at present having three operating units with an installed capacity of 14.46 lakh MT per annum.

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