New Delhi: KPM Swamy has taken over charge as the Director (Commercial) of NBCC (India) Limited, a PSU under the Ministry of Housing & Urban Affairs. He has taken over the charge of the post with effect from February 1, NBCC said in an official statement on Thursday. Prior to this, he was serving as Senior Executive Director and RBG Head in the same organisation.
On January 28, the Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Housing & Urban Affairs (MoHUA) for the appointment of Swamy to the post. He has been appointed as Director (Commercial) of NBCC for a period of five years or till until further orders, whichever is earlier.
At his previous role, Swamy was looking after the implementation of the Hon'ble Supreme Court-monitored stalled Amrapali projects and 7 GPRA redevelopment projects for NBCC. He also served as Chief Executive Officer (CEO) of HSCL, a subsidiary of NBCC, where he successfully turned around the loss-making company into a profit-making Miniratna company.
Having varied experience spanning over 30 years, Swamy has spearheaded critical divisions of NBCC such as law, business development, HRM, CPG, finance etc in various capacities. He has also successfully handled high-value, state-of-the-art NBCC projects in diversified sectors such as healthcare, office and educational institutions, irrigation, infrastructure, indo-pak border fencing etc. since he joined NBCC back in 2005.
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