New Delhi: Ramesh Chandra Joshi has taken charge as the new Director (Finance) of National Aluminium Company (NALCO) Limited, a Navaratna PSU under the Ministry of Mines, on Friday. He has taken over the charge of the post, just a day after the Appointments Committee of the Cabinet (ACC) gave its approval for the appointment to the post. Before assuming his present assignment as Director (Finance), he was working as Group General Manager (Finance).
According to an order from the Department of Personnel & Training (DoPT) issued on February 3, Joshi has been appointed to the post with effect from the date of assumption of charge of the post till the date of his superannuation, ie April 30, 2025, or until further orders, whichever is earlier.
Joshi is an experienced finance professional. He has rich experience in various areas of finance spanning over 32 years, which includes 27 years in NALCO in the core areas of finance coupled with in-depth understanding of financial, contractual and regulatory issues. He is also a nominee director on the Board of Angul Aluminium Park Pvt Ltd, a joint venture of NALCO and IDCOL.
NALCO CMD Sridhar Patra has congratulated Joshi and has expressed hope that with his joining, the board of NALCO will be further strengthened.
(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.)