Sagar Appasaheb Mudhole set to be next Director (Finance) of MIL

New Delhi: Sagar Appasaheb Mudhole is set to be next Director (Finance) of Munitions India Limited (MIL), a PSU under the Ministry of Defence. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Wednesday. Presently, he is serving as Chief General Manager (Finance) at Marketing Head Office Mumbai of Indian Oil Corporation Limited.

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Mudhole has been recommended for the post of Director (Finance) of MIL from a list of 10 candidates, who were interviewed by the PESB panel in its selection meeting held on October 15. Other candidates interviewed for the position included officials from organisations such as NTPC Limited, NLC India Limited, Grid Controller of India Limited, GAIL (India) Limited, BHEL, The Cotton Corporation of India, and National Fertilizers Limited.

As Director (Finance) of MIL, Mudhole will be a member of Board of Directors and will report to the Chairman and Managing Director (CMD). He will be overall in-charge of finance, account functions and fund management of the organisation. He will be responsible for evolving and formulating related policies & their implementation including strategic & operational financial planning, like accounts, budgeting, costing, financial control, preparation of financial statements in compliance with corporate norms and statutory requirements.

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