PESB recommends Nagarajan for SPMCIL's Director (Finance) post 
PSU Appointments

PESB recommends Nagarajan for SPMCIL's Director (Finance) post

The PESB panel recommended the name of Nagarajan for the post of Director (Finance) of SPMCIL on Saturday

PSU Watch Bureau

New Delhi: Nagarajan, currently serving as Chief Financial Officer (CFO) and Company Secretary at Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), has been recommended by the Public Enterprises Selection Board (PESB) for the role of Director (Finance) at Security Printing & Minting Corporation of India Limited (SPMCIL).

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The PESB conducted its selection meeting on December 21, to interview candidates for this crucial leadership position in the Schedule A PSU under the Ministry of Finance. The meeting was held at 2:00 PM and saw a diverse pool of applicants from various public sector enterprises vying for the coveted post.

Key contenders for the position included Anirudh Prasad Singh from MTNL, Mahesh Chand Bansal from NBCC (India) Limited, and Pankaj Kapoor from WAPCOS Limited, among others. Each candidate brought a wealth of experience from their respective roles in finance and leadership across sectors like renewable energy, telecommunications, and chemical industries.

The board found Nagarajan's credentials and professional acumen most aligned with the responsibilities of the Director (Finance) position at SPMCIL. His selection reflects the PESB's commitment to ensuring capable and experienced leaders drive the financial strategies of public sector undertakings.

SPMCIL is a Miniratna Category-I PSU engaged in the production of currency notes, coins, and other security products essential to the Indian economy. With Nagarajan's expertise in financial management and governance, the corporation is expected to strengthen its operational efficiency and contribute significantly to the nation's monetary ecosystem.

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