PESB BOARD STRUCTURE

pesb-s-dilemma-five-chairmen-in-five-years-yet-awaiting-the-sixth-one-

PESB’s dilemma: Five chairmen in five years yet awaiting the sixth one?

The Public Enterprises Selection Board (PESB) is headless for over a month now. It has seen five chairmen in the last five years (between June 2015 and April 2020) and the chair has successively become fragile and unstable.

Keeping in view the designated three years term (or till 65 yrs of age) of its chairman, PESB would have ideally had only two chairmen between 2015-2021, but the story is quite different. If one goes by the incumbency chart of PESB Chairman frequent changes at the top makes one curious about the objective and seriousness towards public-sector giants.

PESB has the mandate to evolve a sound managerial policy for the Central Public Sector Enterprises and, in particular, to advise the Government on appointments to their top management posts. However, ironically, the background and career progression of the previous chairmen indicate that the PESB chair is now either consideration or meant for the transition.   

It is worth checking the incumbency chart for the last five years.

After completing 4 years' extended tenure as Cabinet Secretary on 13 June 2015, Ajit Kumar Seth (Retd IAS:1974:UP) on 14.08.2015 had replaced Atul Chaturvedi as PESB Chairman. Seth headed PESB for 365 days and moved on after he attained 65 yrs of age. He was succeeded by  Sanjay Kothari (IAS:1978:HY) on 30.11.2016 and lasted till July 2017. Within 210 days at the helm of PESB, Kothari was moved to the Raisina Hills as the Secretary to President Ram Nath Kovind.

As if there was none to fit into the shoes of Seth and Kothari the next senior-most member of PESB, Anshuman Das (Ex CMD, NALCO) was asked to act as interim Chairman until Kapil Dev Tripathi (IAS:1981:AM) became Chairman on November 19, 2018. However, his term lasted only for 150 days as he was on 20 April 2020 moved to Raisina Hills as Kothari’s successor.

Thereafter, Rajeev Kumar (Retd IAS:1984:JH) headed the Board from 29.04.2020 to 28.08.2020 before he moved to Central Election Commission as a member.

Ideally, beginning June 2015 the second Chairman should have continued till 2021 but now it is waiting for its sixth Chairman in six years.

Public-sector executives and officers aspiring for Board-level positions have become a little pessimistic. Many of them say PESB that is mandated to ensure continuity and stability in the top management of CPSEs managing the country’s resources (net-worth) to the tune of 25 lakh crores, has become unstable.

Insiders say the Board has been facing ad-hocism and has become a parking lot. It may be an inappropriate way to define the situation yet, but the appointment of the next Chairman may change or may not change the perspective. It would be interesting to see whether the next Chairman would follow the footsteps of predecessors or he would have full-term to ensure stability to the public-sector headhunter.  

(By Rakesh Ranjan)

01 Oct 2020
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

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 )

29 Aug 2020
pesb-s-dilemma-five-chairmen-in-five-years-yet-awaiting-the-sixth-one-

PESB’s dilemma: Five chairmen in five years yet awaiting the sixth one?

By Rakesh Ranjan 01 Oct 2020

The Public Enterprises Selection Board (PESB) is headless for over a month now. It has seen five chairmen in the last five years (between June 2015 and April 2020) and the chair has successively become fragile and unstable.

Keeping in view the designated three years term (or till 65 yrs of age) of its chairman, PESB would have ideally had only two chairmen between 2015-2021, but the story is quite different. If one goes by the incumbency chart of PESB Chairman frequent changes at the top makes one curious about the objective and seriousness towards public-sector giants.

PESB has the mandate to evolve a sound managerial policy for the Central Public Sector Enterprises and, in particular, to advise the Government on appointments to their top management posts. However, ironically, the background and career progression of the previous chairmen indicate that the PESB chair is now either consideration or meant for the transition.   

It is worth checking the incumbency chart for the last five years.

After completing 4 years' extended tenure as Cabinet Secretary on 13 June 2015, Ajit Kumar Seth (Retd IAS:1974:UP) on 14.08.2015 had replaced Atul Chaturvedi as PESB Chairman. Seth headed PESB for 365 days and moved on after he attained 65 yrs of age. He was succeeded by  Sanjay Kothari (IAS:1978:HY) on 30.11.2016 and lasted till July 2017. Within 210 days at the helm of PESB, Kothari was moved to the Raisina Hills as the Secretary to President Ram Nath Kovind.

As if there was none to fit into the shoes of Seth and Kothari the next senior-most member of PESB, Anshuman Das (Ex CMD, NALCO) was asked to act as interim Chairman until Kapil Dev Tripathi (IAS:1981:AM) became Chairman on November 19, 2018. However, his term lasted only for 150 days as he was on 20 April 2020 moved to Raisina Hills as Kothari’s successor.

Thereafter, Rajeev Kumar (Retd IAS:1984:JH) headed the Board from 29.04.2020 to 28.08.2020 before he moved to Central Election Commission as a member.

Ideally, beginning June 2015 the second Chairman should have continued till 2021 but now it is waiting for its sixth Chairman in six years.

Public-sector executives and officers aspiring for Board-level positions have become a little pessimistic. Many of them say PESB that is mandated to ensure continuity and stability in the top management of CPSEs managing the country’s resources (net-worth) to the tune of 25 lakh crores, has become unstable.

Insiders say the Board has been facing ad-hocism and has become a parking lot. It may be an inappropriate way to define the situation yet, but the appointment of the next Chairman may change or may not change the perspective. It would be interesting to see whether the next Chairman would follow the footsteps of predecessors or he would have full-term to ensure stability to the public-sector headhunter.  

(By Rakesh Ranjan)

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 )

midhani-rao-selected-to-become-director-finance

MIDHANI: Rao selected to become Director Finance

By IndianMandarins 04 Jul 2020

The public-sector headhunter (PESB) on 03 July 2020 selected N Gowri Sankara Rao (GM, Rashtriya Ispat Nigam Limited) for the post of Director (Finance), Mishra Dhatu Nigam Limited (MIDHANI) which is vacant at present. Altogether five candidates were interviewed for the post namely;  N Gowri Sankara Rao, Ashok Kumar Vorunganti (GM, RINL), Surajit Mandol (Senior GM, BSNL), Hari Gopal Dutta (GM, IOCL), R M Bhadang (GM, & CFO, Gujarat State Electricity Corporation Ltd).

pesb-to-restart-selection-interviews-with-hudco-cmd-post-05-candidates-shortlisted

PESB to restart selection interviews with HUDCO CMD post; 05 candidates shortlisted

By IndianMandarins 05 Jun 2020

Indianmandarins has reliably learned that the public-sector headhunter (PESB) is all set to re-start conducting interviews for Board-level positions in Central PSUs from 12 June; a process which eventually came to a standstill came during the nation-wide lockdown. Board-level selections were put on hold after selections to the posts of Director (Marketing), National Textile Corporation (NTC) and MD, Central Cottage Industries Corporation (CCIC) on 17 March.

Reportedly, as many as five candidates have been shortlisted for the post of CMD, HUDCO who may be interviewed on 12 Jnue.

Interestingly, selection of CMD, HUDCO would be Rajiv Kumar’s opening interview as Chairman, PESB though the Board started inviting applications for Board-level posts from 19 May itself. 

no-ias-officer-in-the-headless-headhunter-

No IAS officer in the headless headhunter?

By IndianMandarins 22 Apr 2020

Following the appointment of PESBchairman K D Tripathi as Secretary to the President, a rare situation has arrived in the public-sector headhunter when no IAS officer is there on the headless Board.

Presently, only two members are there on the Board; former Railway Board chairman M K Gupta and Rear Admiral Shekhar Mital. Posts of chairman and a member are vacant. Power corridors are abuzz whether a former IAS officer would be drafted as PESB chairman. It is also to be seen whether the chairman would be junior to the other two members or one of these members itself would be made chairman of the selection board.

road-to-raisina-hills-goes-from-pesb-

Road to Raisina hills goes from PESB?

By IndianMandarins 22 Apr 2020

It is a sheer coincidence but yet remarkable. Former PESB Chairman Sanjay Kothari was abruptly made Secretary to the President years before he completed his tenure at PESB. Now, Kothari’s predecessor at PESB Kapil Dev Tripathy too was suddenly drafted as Kothari’s successor at Raisina hills. Coincidence but yet remarkable.

rear-admiral-mital-appointment-as-member,-pesb

Rear Admiral Mital appointment as Member, PESB

By IndianMandarins 18 Nov 2019

Rear Admiral Shekhar Mital (Retd), former CMD of Goa Shipyard ltd, was on Monday appointed as Member, Public Enterprises Selection Board (PESB) for a term of 03 years. The selection interview was held in the month of October. 

The four member Board, headed by Chairman Kapil Dev Tripathy, has now two members; M K Gupta, former Railway Board Chairman and Rear Admiral Shekhar Mital. The Board requires one more Member to gather full-strength.


bcpl:-hazarika-selected-for-md-post

BCPL: Hazarika selected for MD post

By IndianMandarins 03 Jul 2019

The public-sector headhunter (PESB) on Wednesday selected Reep Hazarika (CGM, BCPL) for the post of Managing Director, Brahmaputra Cracker and Polymer Ltd (BCPL). Altogether three candidates appeared before the selection board for interview. The post was advertised on February 28, 2019.

 

Subject to requisite clearances and ACC approval Hazarika may succeed A K Singh; the outgoing MD retiring on January 31, 2020. 

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