New Delhi: U Saravanan has taken over the charge of Chairman & Managing Director (CMD) of National Fertilizers Limited (NFL) on Friday. Prior to this, he was serving as CMD of Madras Fertilizers Limited (MFL), also a PSU under the Departments of Fertilizers.

On June 15, the Appointments Committee of the Cabinet (ACC) has approved the appointment of Saravanan for the post. According to a DoPT order, he has been appointed to the post till the date of his superannuation i.e. January 31, 2027, or until further orders, whichever is earlier.

Saravanan is a Chemical Engineer from Anna University and MBA from University of Madras. Saravanan has a wide experience spanning over 33 years covering both oil refinery and fertilizer industries. He is a Life member of Indian Institute of Chemical Engineers.

He has completed graduate training on Process Design conducted by UOP at Chicago, USA. He has also worked in Project Team for pre-commissioning and commissioning activities of 0.6 MMTPA of Olefin Project at Rayong, Thailand under Toyo Engineering, Japan.

Prior to taking over as CMD of MFL, he was Director (Technical) of the company and also held additional charge as Director (Technical) of another fertilizer PSU, FACT Limited, Cochin for more than a year. He was also a board member of Indian Potash Limited and Fortune Biotech.

“As CMD of MFL, Saravanan is credited for turning around the company into a profit making one,” NFL informed in an official statement.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)