New Delhi: In a major leadership development at Engineers India Limited (EIL), the company has appointed Atul Gupta as its new Chairman and Managing Director (CMD) with effect from June 29, 2026. The appointment has been made in line with the directions of the Ministry of Petroleum & Natural Gas (MoPNG) and will remain in […]
Saleem Ahmad to hold Additional Charge as CMD of IRCON for One Year
In a significant development in the public sector infrastructure sector, the Competent Authority has approved the assignment of additional charge of Chairman and Managing Director (CMD) of IRCON International Limited to Saleem Ahmad (DIN: 10119432), who is currently serving as CMD of Rail Vikas Nigam Limited (RVNL). According to the official decision, Saleem Ahmad will […]
Hitesh R. Joshi takes charge as CMD of GIC
In a significant leadership appointment in India’s insurance sector, Hitesh Rameshchandra Joshi has been appointed as the Chairman and Managing Director (CMD) of the General Insurance Corporation of India (GIC). The appointment was approved by the Government of India on Wednesday. Joshi had been serving as the interim CMD of the country’s premier reinsurance company […]
Ravi K assumes charge as CMD of Hindustan Aeronautics Limited
Ravi K has officially taken over as the Chairman and Managing Director (CMD) of Hindustan Aeronautics Limited, marking a significant leadership transition at India’s premier aerospace and defense PSU. With this appointment, Ravi K is set to steer HAL’s strategic growth, innovation initiatives, and its crucial role in strengthening India’s defense manufacturing capabilities.
Top contenders Gear Up for CMD, GAIL (India) Ltd Interviews
The Public Enterprises Selection Board (PESB) is set to conduct interviews for the post of Chairman and Managing Director (CMD), GAIL (India) Limited. Several senior executives from across India’s energy sector are in contention for the coveted role at the country’s leading natural gas company. Among the key contenders are Rajeev Kumar Singhal, Ajay Tripathi, […]
R K Chaudhary takes additional charge as CMD of SJVN
Binod Kumar recommended as MD, Indian Bank
The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar for the position of Managing Director of Indian Bank. Currently serving as Executive Director of Punjab National Bank, Kumar is set to succeed S. L. Jain upon his retirement next month. The FSIB, which oversees the selection of directors for state-owned banks and financial institutions, […]
Vilas Sopan Wadekar appointed as CMD of MRVC
Vilas Sopan Wadekar, the current Director (Technical) at Mumbai Railway Vikas Corporation (MRVC), has been appointed as the new Chairman-cum-Managing Director (CMD) of MRVC. The selection was made during a Public Enterprises Selection Board (PESB) meeting held on November 7, 2024. Notably, only two candidates participated in the interview process.
Amit Kumar Appointed as CMD, AI Assets Holding Ltd
Amit Kumar, currently the Executive Director (ED) of ONGC, has been selected as the Chairman-cum-Managing Director (CMD) of AI Assets Holding Limited (AIAHL) during a Public Enterprises Selection Board (PESB) meeting on October 14, 2024. AI Assets Holding Ltd. is responsible for managing the non-core assets and liabilities of Air India following its privatization. Kumar […]