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Harjeet Kaur Joshi set to be full-time CMD of SCI

HK Joshi, who is currently serving as Director (Finance) and holds additional charge of the CMD's post, is set to be the new CMD of SCI
New Delhi: Harjeet Kaur Joshi is set to be new Chairman and Managing Director (CMD) of Shipping Corporation of India Limited (SCI), a Miniratna PSU company under the Ministry of Shipping. Joshi is currently holding additional charge of the CMD's post along with serving as Director (Finance) at the organisation. Joshi’s name was recommended by a Public Enterprises Selection Board (PESB) panel on Thursday. Joshi has been selected as CMD of SCI from a list of four candidates who were interviewed by the selection panel. The candidates who were interviewed in the selection meeting were from SCI, Container Corporation of India Limited (CONCOR) and Indian Administrative Service (IAS).

Joshi's background

Joshi had joined SCI on February 5, 2015, and was appointed as Chief Financial Officer (CFO) of the company on the same date. She held 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 very rich and diversified experience 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 caused the company (OVL) to turnaround. Joshi has completed her bachelors and masters in commerce from Delhi University. She started her career as a lecturer with Delhi University and 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.