Sunday, October 2, 2022

Harjeet Kaur Joshi is now full-time CMD of SCI

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New Delhi: Harjeet Kaur Joshi has been appointed as full-time Chairman & Managing Director (CMD) of Shiping Corporation Limited (SCI), a Miniratna PSU under the Ministry of Shipping. The Appointment Committee of Cabinet has approved her appointment on Monday. Prior to this Joshi was serving as Director (Finance) in the same organisation and holding additional charge of the chairman and managing director.

Joshi was recommended for the post of CMD of SCI by a Public Enterprises Selection Board (PESB) panel a couple of months back on October 10. She was selected from the list of four candidates who were interviewed by the selection panel.

Joshi’s background

Joshi had joined SCI on February 5, 2015, as Chief Financial Officer (CFO). She had taken over the additional charge of Director (Personnel & Administration) in 2017-18. Consequent upon the completion of the tenure of Capt Anoop Kumar Sharma as SCI CMD on September 11, Joshi was given additional charge of the CMD’s post. She is also holding additional charge of Director (Bulk Carrier & Tankers), SCI, since October 1.

She has a rich and diversified experience of working with public sector spanning over three decades with ONGC, her experience includes almost two decades with ONGC Videsh Limited (OVL – overseas arm of ONGC) which looks after the international business acquisitions of ONGC, wherein she was actively associated with international transactions which gave the financials of the company (OVL) a turnaround.

Joshi has done her Masters in commerce from Delhi University. She started her career as a lecturer with Delhi University and later joined the corporate world in 1984. She is a fellow member of the Institute of Cost Accountants of India (ICAI) and a rank holder in post-graduation in commerce with specialization in financial management from the Delhi School of Economics, Delhi University.

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