PESB recommends S Sakthimani for RINL's CMD post

The PESB panel has recommended the name of S Sakthimani for the post of Chairman & Managing Director (CMD) of RINL on Tuesday

Published on:

04 Sep 2024, 5:32 am

New Delhi: S Sakthimani is set to be next Chairman & Managing Director (CMD) of Rashtriya Ispat Nigam Limited (RINL), a PSU under the Ministry of Steel. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. Presently, he is serving as Director (Finance) at Fertilisers and Chemicals Travancore Limited (FACT).

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

Sakthimani has been recommended for the post from a list of two candidates, who were interviewed by the PESB selection panel in its selection meeting held on September 3. Another candidate was from Steel Authority of India (SAIL).

RINL provides 5 battery operated cars to facilitate patient transport at KGH

As CMD of RINL, Shakthimani will be the chief executive of the company and be accountable to its board of directors and the government of India. He will be responsible for the efficient functioning of the company and for achieving its corporate objectives and performance parameters.

(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.)