New Delhi: BP Nayak is likely to assume charge as Director (Finance) at RITES Limited as his name has been recommended by the Public Enterprise Selection Board (PESB). Nayak is currently serving as Executive Director at Steel Authority of India Limited (SAIL).
He was one of the two candidates shortlisted by the selection panel for the post. The other candidate was from KIOCL.
RITES Limited is a Miniratna PSU under the Ministry of Railways. It is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company has an experience spanning 46 years and has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
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