PESB did not find any suitable candidate for HCL’s CMD post

New Delhi: The Public Enterprises Selection Board (PESB), the head-hunting body for the PSUs, has not been able to find any suitable candidate for the post of Chairman and Managing Director (CMD) of Hindustan Copper Limited (HCL), a PSU under the Ministry of Mine. The selection panel's interview-cum selection meeting was held on Tuesday, in which a total of two candidates appeared.

"The Board did not recommend any candidate and advised the Ministry of Mines to choose an appropriate course of further action, including search-cum-selection committee (SCSC), or as deemed appropriate for the selection with the approval of the competent authority," the Board said in a notification.

There were two candidates who appeared and were interviewed in the PESB's selection meeting held on April 18. The candidates who appeared for the interview included Rakesh Tumane from MOIL Limited and Mukesh Agrawal from NLC India Limited.

HCL is a PSU under the Ministry of Mines. It has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.

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