PESB RECOMMENDATION

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
ntcl-ashutosh-gupta-appointed-as-director-hr

NTCL: Ashutosh Gupta appointed as Director, HR

The NaMo administration on Tuesday cleared the appointment of Ashutosh Gupta (GM, BSNL), to the post of Director (Human Resources), National Textile Corporation Limited (NTCL). PESB had selected him for the post in March 2020.

ALSO READ:

NTCL: Gupta selected for Director post

23 Sep 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)

ntcl-ashutosh-gupta-appointed-as-director-hr

NTCL: Ashutosh Gupta appointed as Director, HR

By IndianMandarins 23 Sep 2020

The NaMo administration on Tuesday cleared the appointment of Ashutosh Gupta (GM, BSNL), to the post of Director (Human Resources), National Textile Corporation Limited (NTCL). PESB had selected him for the post in March 2020.

ALSO READ:

NTCL: Gupta selected for Director post

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).

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 )

ntpc-uk-bhattacharya-appointed-as-director-projects

NTPC: UK Bhattacharya appointed as Director, Projects

By IndianMandarins 25 Aug 2020

The NaMo administration on Tuesday cleared the appointment of Ujjwal Kanti Bhattacharya (ED, NTPC) for the post of Director (Projects) in National Thermal Power Corporation Limited (NTPC) till his superannuation i.e. 30.11.2023. He replaces Susanta Roy who retired months back. PESB had selected Bhattacharya for the post on 02 March 2020.

gail-iyer-selected-as-director-business-development

GAIL: Iyer selected as Director, Business Development

By IndianMandarins 19 Aug 2020

The Public Enterprise Selection Board (PESB) on Wednesday selected M V Iyer for the post of Director(Business Development), GAIL (India) Limited; a post which fell vacant after the appointment of Manoj Jain as CMD, GAIL in February this year.

Altogether six candidates were interviewed at a selection meeting held at PESB today.

Presently, Iyer is working as Executive Director (Projects) GAIL (India) Limited

Subject to requisite clearance and ACC approval Iyer will take over as Director, Business Development. 

ALSO READ:

GAIL: Manoj Jain will be next CMD

nalco-b-k-das-selected-for-the-post-of-director-production

NALCO: B K Das selected for the post of Director, Production

By IndianMandarins 29 Jul 2020

The public-sector head-hunter (PESB) on Wednesday selected Bijay Kumar Das (ED, NALCO) for the post of Director, Production in National Aluminium Company (NALCO).  a post

Subject to requisite clearances and ACC approval he will replace V Balasubramanyam; the outgoing Director retiring November this year.

Altogether 08 candidates were interviewed at a selection meeting held at PESB today.

nhpc-biswajit-basu-will-be-next-director-projects

NHPC: Biswajit Basu will be next Director, Projects

By IndianMandarins 22 Jul 2020

The public-sector head-hunter (PESB) on Wednesday selected Biswajit Basu (CGM, NHPC) for the post of Director (Projects), NHPC Limited.

Subject to requisite clearances and ACC approval he will replace Ratish Kumar; the outgoing Director retiring December this year. Altogether 11 candidates were interviewed at a selection meeting held at PESB today.

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