Indianmandarins has reliably learnt that as many as many as six Directors on the Board of Central Public Sector Enterprises and two CMDs are due to retire this month.
NEEPCO CMD P C Pankaj and IRFCL MD Rajiv Bhatt will demit their offices on attainment of retirement age on June 30. Similarly Directors who will retire on June 30 are S C Padhy (Dir- Finance, NALCO), Ms. Veena Swarup (Dir- HR, EIL), Arvind Bhatnagar (Dir- Domestic Division, CONCOR), S S Mohanty (Dir- Tech, SAIL), AVM N B Singh (Dir- Tech, BDL) and AB Ghasghase (Dir- Marketing, RCFL).
This may clear the decks for induction of new faces in these organizations.