PESB finds no suitable candidate to head Hindustan Copper

New Delhi: The Public Enterprises Selection Board (PESB), the public sector head hunter body of the government, did not find any suitable candidate for the post of Chairman and Managing Director (CMD) of Hindustan Copper Limited (HCL). In the selection panel's interview-cum-selection meeting held on Monday, three candidates appeared.

PSU Watch is now on Whatsapp Channels. Click here to join

The candidates interviewed by the PESB Selection Panel included one candidate each from MOIL Limited, Fertilisers and Chemicals Travancore Limited (FACT), and Bharat Sanchar Nigam Limited (BSNL).

"The Board did not find any candidate suitable for the post and recommended that the Ministry of Mines to take appropriate course of further action including SCSC or as deemed appropriate," the PESB panel said in a notification issued on Tuesday.

This is the 2^nd time when PESB is unable to find a suitable candidate for the HCL’s CMD post. Earlier in April 2023, the PESB panel had advised to the Ministry of Mines to form a search-cum-selection committee (SCSC) for the selection with the approval of the competent authority, citing the same reason.

HCL's CMD post has been vacant since August 01, 2023. However, its Director (Finance) Ghanshyam Sharma has been holding the additional charge of the post.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)