PESB RECOMMENDATIONS

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BHEL: Renuka Gera appointed as Director (IS&P)

The NaMo administration on Friday appointed Renuka Gera (ED, BHEL) as Director (Industrial Systems & Products) for a period ending 31.08.2023 i.e. till her superannuation. She may take charge of the post on 01.12.2020. She replaces S Balakrishnan; the outgoing Director retiring on 30.11.2020. The Public-sector headhunter (PESB) had selected Ms Gera for the post on 16.07.2020.  

17 Oct 2020
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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.

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NTCL: Gupta selected for Director post

23 Sep 2020
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BHEL: Renuka Gera appointed as Director (IS&P)

By IndianMandarins 17 Oct 2020

The NaMo administration on Friday appointed Renuka Gera (ED, BHEL) as Director (Industrial Systems & Products) for a period ending 31.08.2023 i.e. till her superannuation. She may take charge of the post on 01.12.2020. She replaces S Balakrishnan; the outgoing Director retiring on 30.11.2020. The Public-sector headhunter (PESB) had selected Ms Gera for the post on 16.07.2020.  

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

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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 )

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NALCO: PESB picks Basu for Director, Finance post

By IndianMandarins 26 Aug 2020

The Public Enterprise Selection Board (PESB) on Wednesday selected Pradosh Kumar Basu for the post of Director (Finance), National Aluminium Company Limited (NALCO). Currently, he is working as Chief Financial Officer, ONGC Petro Additions Limited.

Subject to requisite clearance and ACC approval Basu will take over as Director, Finance, NALCO; a post that fell vacant after the then Director Sridhar Patra became CMD of the company w.e.f. 17.12.2019.

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

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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.

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Goa Shipyard: BK Upadhyay appointed as Director, Operations

By IndianMandarins 25 Aug 2020

The NaMo administration on Tuesday cleared the appointment of Brajesh Kumar Upadhyay (GM, GSL) to the post of Director (Operations) in Goa Shipyard Limited for a period of five years.

The Public-sector Enterprise Selection Board had picked Upadhyay for the job in February this year.

Upadhyay is now all set to succeed K S Jagannath; the outgoing Director completing on 31 August.

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NMDC: Nandi selected for Board level position

By IndianMandarins 25 Aug 2020

The Public Enterprise Selection Board (PESB) on Tuesday selected Somnath Nandi for the post of Director (Technical), NMDC Limited. Presently, Nandi works as Executive Director, Steel Authority of India Ltd (SAIL)

Subject to requisite clearance and ACC approval Nandi will take over as Director, Technical, NMDC Limited; a post that is vacant since June 1, 2019.

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

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Konkan Railway: Bhadang selected for Director, Finance post

By IndianMandarins 21 Aug 2020

The Public Enterprise Selection Board (PESB) on Thursday selected R M Bhadang for the post of Director (Finance), Konkan Railway Corporation Limited (KRCL). Currently, he is working as General Manager (F&A)  and Chief Financial Officer, Gujarat State Electricity Corporation Limited.

 Subject to requisite clearance and ACC approval Bhadang will take over as Director, Finance, KRCL.

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

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