New Delhi: S Sakthimani is set to be next Chairman & Managing Director (CMD) of Rashtriya Ispat Nigam Limited (RINL), a PSU under the Ministry of Steel. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. Presently, he is serving as Director (Finance) at Fertilisers and Chemicals Travancore Limited (FACT).
Sakthimani has been recommended for the post from a list of two candidates, who were interviewed by the PESB selection panel in its selection meeting held on September 3. Another candidate was from Steel Authority of India (SAIL).
As CMD of RINL, Shakthimani will be the chief executive of the company and be accountable to its board of directors and the government of India. He will be responsible for the efficient functioning of the company and for achieving its corporate objectives and performance parameters.
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