PESB

pesb-recommendation-for-director-rm-logistics-hangs-in-balance

PESB recommendation for Director, RM & Logistics, hangs in balance

PESB's recommendation for the post of SAIL Director (Raw Materials & Logistics) is reportedly hanging in balance. On 20 February 2020, it had reportedly selected and recommended Amarendu Prakash (GM, SAIL) for the post that was due to fall vacant on 31 July 2020 and it did fall vacant on that date.

Generally, the Appointment Committee of the Cabinet (ACC) endorses PESB recommendations well before vacancies arise to ensure continuity of management in CPSEs 

It is well over one and a half months since Vivek Gupta (Director- RM& Logistics) retired (on 31.07.2020), but the ACC is yet to ratify the appointment of Amarendu Prakash (GM, SAIL) to the post.

The reason cited for this delay is said to be the Ministry of Steel's efforts to formalizing the proposed restructuring of SAIL. Reportedly, the Ministry is considering the creation of four posts of MD by surrendering two Board level posts that include Director (Raw Materials & Logistics) and Director (Personnel). 

Further, it would be interesting to see how a Maharatna company having approx 70,000 employees strength will function without a full-time Director (Project) and Director (Raw Materials & Logistics).

17 Sep 2020
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Atanu Chakraborty tipped as PESB Chairman?

If some well-placed sources are to be believed former Union Secretary Atanu Chakraborty (Retd IAS:1985:GJ) may be drafted as the new Chairman of Public Enterprise Selection Board (PESB); a post that fell vacant after Rajiv Kumar (Retd IAS:1984:JH) moved to Election Commission of India as Member.

Chakraborty retired in the month of April from the post of Secretary, Department of Economic Affairs.

It is also learnt that the outgoing DOPT Secretary Dr C Chandramouli (IAS:1985:TN) is also in the reckoning. 

07 Sep 2020
pesb-recommendation-for-director-rm-logistics-hangs-in-balance

PESB recommendation for Director, RM & Logistics, hangs in balance

By IndianMandarins 17 Sep 2020

PESB's recommendation for the post of SAIL Director (Raw Materials & Logistics) is reportedly hanging in balance. On 20 February 2020, it had reportedly selected and recommended Amarendu Prakash (GM, SAIL) for the post that was due to fall vacant on 31 July 2020 and it did fall vacant on that date.

Generally, the Appointment Committee of the Cabinet (ACC) endorses PESB recommendations well before vacancies arise to ensure continuity of management in CPSEs 

It is well over one and a half months since Vivek Gupta (Director- RM& Logistics) retired (on 31.07.2020), but the ACC is yet to ratify the appointment of Amarendu Prakash (GM, SAIL) to the post.

The reason cited for this delay is said to be the Ministry of Steel's efforts to formalizing the proposed restructuring of SAIL. Reportedly, the Ministry is considering the creation of four posts of MD by surrendering two Board level posts that include Director (Raw Materials & Logistics) and Director (Personnel). 

Further, it would be interesting to see how a Maharatna company having approx 70,000 employees strength will function without a full-time Director (Project) and Director (Raw Materials & Logistics).

atanu-chakraborty-tipped-as-pesb-chairman-

Atanu Chakraborty tipped as PESB Chairman?

By IndianMandarins 07 Sep 2020

If some well-placed sources are to be believed former Union Secretary Atanu Chakraborty (Retd IAS:1985:GJ) may be drafted as the new Chairman of Public Enterprise Selection Board (PESB); a post that fell vacant after Rajiv Kumar (Retd IAS:1984:JH) moved to Election Commission of India as Member.

Chakraborty retired in the month of April from the post of Secretary, Department of Economic Affairs.

It is also learnt that the outgoing DOPT Secretary Dr C Chandramouli (IAS:1985:TN) is also in the reckoning. 

board-level-positions-in-cpses-pesb-initiates-structural-changes-in-the-selection-process

Board-level positions in CPSEs: PESB initiates structural changes in the selection process

By Rakesh Ranjan 29 Aug 2020

Before demitting his office as PESB Chairman and moving to the Election Commission, Rajiv Kumar (retd IAS:1984:JH) on 27 August proposed crucial changes to the selection process for CPSE chiefs (CMD/MD) and functional directors (Director) with a view to expanding the talent pool with pace and parity. It is supposed that it may prove to be a departure from the ambiguous and painful past and may bring more clarity in the selection process.

Aspirants for Board-level positions in Central PSUs were dismayed by the procedural reforms made during the Chairmanship of Ajit Kumar Seth and Sanjay Kothari. Instead of simplifying the shortlisting and selection process, it had made things complicated rather.

On 27 August a draft, Suggestive Reforms Proposal was uploaded on the PESB website inviting suggestions/comments (by 30.09.2020) from all stakeholders. Insiders and many prospective candidates have welcomed it.

The proposed reforms aim to simplify and rationalize the selection process for attracting better talents from all sectors and widen the pool. It also aims at leveling the playing field for applicants, standardizing the Job Description, increasing the slots for shortlisting, standardizing eligibility criteria, modifying the short-listing criteria, and above all faster processing of confirmation and extension of tenure by mandating the filing of APARs online, etc.

According to the proposed changes, interviews for all jobs of Chairman and MDs of a group of PSUs or Directors for particular segment e.g. HR, Finance, Marketing Projects, Business Development, Strategy, etc may begin simultaneously at the start of a year, instead of looking for candidates for individual companies separately.

Irrespective of the categories of the PSUs (whether falling in Schedule A or Schedule B), all posts may be advertised together and candidates for these companies will be recommended at one go.

Based on the interviews, the PESB will make its recommendations/merit-list to the government which will appoint the candidates based on their performances in the interview and those scoring highest will get the company of their choice.

In a way, it may have similarities with the merit-list or empanelment. This may begin the era of departing from the rigorous, repetitive, and time-consuming process of inviting applications, shortlisting of candidates, and interviews for each Board-level position separately, and repeated vigilance and requisite clearances. 

Indianmandarins has reliably learned that the proposed reforms would emphasize on 21 points that would make the process convenient for aspiring candidates.

Indianmandarins has further learned that new rules may eliminate those aspiring applicants from the shortlisting process whose vigilance report is adverse or those who are on the ODI list - an informally maintained confidential list of ‘Officers with Doubtful Integrity’

Reportedly, the new provisions would make it mandatory for the CVOs to ensure updated online vigilance reports on senior officers to facilitate the new process.

Reforming the PSUs and manning them with competent officials have become urgent in view of the role played by them in the national economy.

Public Enterprises Survey 2018-19, 59th in the series, gives a consolidated picture of the Performance of Central Public Sector Enterprises (CPSEs) which are spread over length and breadth of the country. As of 31st March 2019, there were 339 CPSEs with a total investment of Rs. 16,40,628 crore; that certainly adds to the self-reliance of the Indian economy.  

The draft Suggestive Reforms Proposal (uploaded on the PESB website) inviting suggestions/comments from all stakeholders by 30.09.2020 also indicate that the proposed reforms may take time to realize but once approved and formalized may bring a shy of relief to the aspirants for Board level positions.

(By Rakesh Ranjan )

hcl-selection-interview-for-director-ops-post-on-31-august

HCL: Selection interview for Director (Ops) post on 31 August

By IndianMandarins 25 Aug 2020

Indianmandarins has reliably learned that the Public-sector head-hunter may conduct a selection interview for the post of Director (Finance), Hindustan Copper Limited (HCL) on 31 August 2020; a post which has been lying vacant at present.    

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A talking point in CPSEs: Two women for Board level positions in quick succession

By IndianMandarins 13 Aug 2020

This is being underlined as something rare in the recent past of the Central Public-sector Enterprises (CPSEs) that two women got selected for the top job in CPSEs in quick succession. Ahead of Independence Day celebration on 15 August the senior-level executives in several CPSEs underline the developments that Central PSUs witnessed recently.

There appear mixed views and reactions but broadly they appear enthused with the selection of two women executives for board level positions in quick succession.

The public-sector-headhunter on Monday this week selected Mrs. Soma Mondal (Director, SAIL) for Chairperson post in SAIL. She would succeed S K Chaudhary on 01.01.2021. Further, PESB on 16 July 2020 selected Mrs. Renuka Gera (ED, BHEL) for the post of Director (Industrial Systems & Products), Bharat Heavy Electricals Limited (BHEL). She would replace S Balakrishnan; the outgoing Director (IS&P) retiring November this year. Be it coincidence or a considered move keeping in view their competence but it's rare that provides CPSEs reason for contentment and rejoice. 

pesb-selects-m-p-mishra-for-director-post-in-nalco

PESB selects M P Mishra for Director post in NALCO

By IndianMandarins 13 Jul 2020

The public-sector headhunter (PESB) on 13 July 2020 selected Manasa Prasad Mishra (ED, NALCO) for the post of Director (Projects & Technical) in National Aluminium Company Limited (NALCO). Altogether 8 candidates were interviewed in a selection meeting held at PESB today.

Subject to requisite clearances and ACC approval Mishra will replace S K Roy; the outgoing Director (P&T) retiring October this year.

 

balmer-lawrie-r-k-maity-selected-for-the-post-of-director-mb-

Balmer Lawrie: R K Maity selected for the post of Director (MB)

By IndianMandarins 29 Jun 2020

The public-sector head-hunter (PESB) on 29 June 2020 selected Raj Kumar Maity (Vice President, Balmer Lawrie & Co Limited) for the post of Director (MB) Balmer Lawrie & Co Limited. Altogether ten candidates were interviewed for the post namely; 

  1. UTHAYARAJA, General Manager, Balmer Lawrie & Co. Limited
  2. SREEJIT BANERJEE, General Manager, Balmer Lawrie & Co. Limited
  3. AMIT KUMAR BASAK, Vice President, Balmer Lawrie & Co. Limited
  4. RAJ KUMAR MAITY, Vice President, Balmer Lawrie & Co. Limited
  5. DIPANKAR MONDAL, Vice President, Balmer Lawrie & Co. Limited
  6. RAJKUMAR SITARAM PATEL, VP, Balmer Lawrie & Co. Limited
  7. KAMLESH KUKRETI, General Manager, Bharat Sanchar Nigam Limited (BSNL)
  8. VIBHASH KUMAR, Executive Director, Indian Oil Corporation Ltd.
  9. ASIM KUMAR MAJUMDAR, Chief Electrical Engineer, Indian Railways Service of Electrical Engineering
  10. COMMODORE RAKESH CHHILLAR, Commodore, Navy

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The selection meeting for HUDCO CMD postponed!

By IndianMandarins 07 Jun 2020

Indianmandarins reliably learns that selection interview for the post of CMD, HUDCO has been postponed and a fresh date may be announced soon. Earlier, five candidates were scheduled to be interviewed on June 12. 

Further, the last date of receipt of applications for several Board-level posts which were earlier supposed to be submitted by 01.06.2020 has been extended till 15.07.2020.

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