New Delhi: Soma Mondal is now set to join as the new Chairperson of Maharatna PSU Steel Authority of India (SAIL). The Appointments Committee of the Cabinet (ACC) has approved her appointment on Friday. According to an order from the Department of Personnel & Training (DoPT), she has been appointed to the post from the date of her assumption of charge of the post on or after January 1, 2021, till the date of her superannuation i.e. April 30, 2023, or until further orders, whichever is earlier. She is currently serving as Director (Commercial) in the same organisation. With her new assignment, Mondal will be the first woman Chairperson to head the steel giant. SAIL's current chairman Anil Kumar Chaudhary is set to superannuate on December 31, 2020.
It is important to note here that PSU Watch was first to report when Mondal was recommended for the post of Chairman of SAIL by a PESB panel on August 10. She was selected from a list of six candidates, who were interviewed by the selection panel. The list had four candidates from SAIL, including Mondal, and others were from MECON Limited and MOIL Limited.
Mondal is an Engineering Graduate (Electrical Engineering) from the National Institute of Technology, Rourkela in 1984. She started her career as a Graduate Engineer Trainee in NALCO, where she was involved in various project implementation activities as a part of the Technology Cell. Prior to the current position, she was serving as Director (Commercial), NALCO, Bhubaneswar.
She is well known in the Aluminium Industry for her contribution to various industry forums. She had been instrumental in devising marketing strategies of different products for NALCO in the domestic and overseas market and had also been actively involved in the launch of various new products by the company. Under her guidance, several systemic improvement initiatives were implemented in marketing and materials management functions at NALCO.
As Chairperson of SAIL, Mondal will be the Chief Executive of the corporation and will be accountable to its board of directors and the government. She also will be responsible for the efficient functioning of the corporation, and for achieving its corporate objectives and performance parameters.
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