New Delhi: Dr George Yesu Vedha has been appointed as Managing Director & CEO of Dredging Corporation of India (DCI). He has been appointed to the post with effect from March March 1, for a period up-to-the-date of the next Annual General Meeting (AGM) wherein the formal approval of the general body would be sought for his regular appointment for a period of five years effective from March 1. He has been appointed on board of the company in place of Rajesh Tripathi, who has been relieved from the services of the corporation with effect from February 26, on attaining the age of superannuation. This information has been shared by the company during the regulatory filing to the stock exchange on Friday.
Prof. Dr George Yesu Vedha Victor holds Doctorate Degree, is a Chartered Engineer (UK), Chartered Physicist (UK), Certified Dredge Master and Mariner, Qualified in Finance Management, Port Development and Management, Containerization and Logistics Management, Fellow in Arbitration, Licensed International Arbitrator, Mediator, Emergency Arbitrator and a qualified Admiralty and Contracts Lawyer. He is a commissioned officer, C-Suite Executive is a charismatic leader in the marine, ports and dredging sectors with an unwavering commitment to success and focuses on the development of preserving the environment.
Dredging Corporation of India Limited is a unit engaged in the business of dredging which falls under the Ministry of Ports, Shipping & Waterways. DCI does dredging for Indian seaports exclusively. It occasionally dredges at foreign seaports in countries such as Sri Lanka, Taiwan and Dubai. It is mainly involved in maintenance dredging. Almost all the maintenance dredging in Indian seaports is carried out by DCI due to government regulations. DCI is also involved in capital dredging, beach nourishment, and land reclamation. DCI is headquartered at Visakhapatnam and has project offices at many seaports in India.
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