Private sector chiefs can apply for Coal India Ltd cmd: centre
The firm is without a full-time chairman since May end
New Delhi: Keen to turnaround fortunes at world’s largest coal producer, the government has invited professionals from the private sector along with those from PSUs to apply for the job of the chairman and managing director of Coal India Ltd.CIL is without a full-time chairman since May-end when S. Narsing Rao resigned. A.K. Dubey, additional secretary in the ministry of coal, is officiating as the chairman till a full-time chief executive is appointed.
Government headhunters Public Enterprise Selection Board last week invited application to fill the vacancy. But unlike past when the process mostly encouraged executive from public sector firms and the government to apply, an invitation to private sector executives too has been extended.
PESB in the advertisement called on private sector chiefs from both listed and unlisted companies with a turnover of Rs5,000 crore to apply. “Private sector executives must be working in a company with an annual turnover during the last 3 years being Rs 5,000 crores,” it said.
( Source : PTI )
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