(PTI)
The government has started the process to select the next chairman of Steel Authority of India Ltd (SAIL), the country’s largest steel maker. A K Chaudhary, SAIL’s current chairman assumed the position in September 2018, is scheduled to retire in December 2020. However, on the government’s approval, chairman of a public sector undertaking can get an extension.
The Public Enterprises Selection Board (PESB), under the Ministry of Personnel, Public Grievances and Pensions, is responsible for the selection and placement of chairman, managing director or chairman-cum-managing director, and functional director in public sector enterprises (PSEs) as well as in posts at any other level as may be specified by the government.
While the minimum age of an applicant should 45, he or she must be a graduate with good academic record from a recognised university or institution, according to a PESB notification. In terms of experience, the applicant should have adequate experience at a senior level of management in an organisation of repute. Applicants with experience in finance, marketing and production will have added advantage.
