New Delhi: Commodore Amit Rastogi is set to be the next Chairman & Managing Director (CMD) of National Research Development Corporation (NRDC), a PSU under the Ministry of Science & Technology. Rastogi has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Friday. He is Commodore in the Indian Navy.
Rastogi has been recommended for the post of CMD of NRDC from the list of two candidates, who were interviewed by the selection panel. Another candidate who was on the list was also from the Indian Navy.
As CMD of NRDC, Rastogi will be the chief executive of the corporation and will be accountable to its board of directors and the government. He also will be responsible for the efficient functioning of the corporation for achieving its corporate objectives and performance parameters.
National Research Development Corporation (NRDC) was established in 1953 by the government, with the primary objective to promote, develop and commercialise the technologies/know-how/inventions/patents/processes emanating from various national R&D institutions/universities and is presently working under the administrative control of the Department of Scientific & Industrial Research, Ministry of Science & Technology. During the past six decades of its existence and in pursuance of its corporate goals, NRDC has forged strong links with the scientific and industrial community in India and abroad and developed a wide network of research institutions, academia and industry.