SCI’s CMD Harjeet Kaur Joshi gets tenure extension on Director (Fin) post

New Delhi: Shipping Corporation of India's (SCI) Chairman & Managing Director (CMD) Harjeet Kaur Joshi, who is also holding the additional charge of Director (Finance) of the company, has been given tenure extension on her additional charge for a period of three months. "Joshi will continue to hold the additional charge of the post of Director (Finance), SCI for a period of three months with effect from June 19, or until further order, whichever is earlier." the shipping PSU said in a regulatory filing to the stock exchange on Thursday.

Joshi's career graph

Joshi, joined SCI on February 5, 2015, as Director (Finance) and was also appointed as Chief Financial Officer (CFO) of the company on the same date till April 2, 2020. She had held additional charge of Director (P&A) in 2017-18 upon completion of tenure of the former CMD SCI November 11, 2019. Joshi had held the additional charge of CMD. She has assumed charge as full-time CMD with effect from December 19, 2019. She had also held briefly the additional charge of Director (B&T) with effect from August 1, 2019, on superannuation of the former Director (B&T) until the appointment of Director (B&T). In addition to the post of CMD, she is handling the additional charge of Director (Finance) with effect from December 19, 2019.

She has a very rich and diversified experience spanning over three decades with ONGC, a Maharatna PSU, her experience includes almost two decades with ONGC Videsh Limited (OVL – the overseas arm of ONGC) which looks after the international business acquisitions of ONGC wherein she was actively associated with the path-breaking international transactions which led the company (OVL) to turnaround. This assignment gave her a lot of opportunities to travel and develop her professional attributes to International standards. She started her career as a Lecturer in Delhi University and joined the corporate world in 1984.

She is a fellow member of the Institute of Cost Accountants of India and a rank holder in her post-graduation in Commerce with specialization in financial management from the Delhi School of Economics, Delhi University. She is also a member of the Institute of Directors (100).

Awards & achievements

In July 2015, she was honoured with "CMA CFO Award 2014" from The Institute of Cost Accountants of India. She has been the recipient of "The Most Influential CFOs of India Award" from Chartered Institute of Management Accounts, UK for two successive years, 2015 and 2016. She has also been awarded with "The Tenth India CFO Awards – Excellence in Finance to enable a Turnaround" hosted by International Market Assessment India Private Limited in association with Pierian Services in May 2016. On 03.02.2018, she has been conferred with the Best Woman Employee Award 1st Place (Executive Category) by the Forum of Women in Public Sector (under the aegis of SCOPE).

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