Search for IRFC CMD Continues; PESB did Not find suitable candidate
New Delhi: The Indian Railway Finance Corporation (IRFC), a dedicated funding arm of Indian Railways still waiting to get its new Chairman and Managing Director as the PESB Board failed to find the suitable candidate for the company.
Shelly Verma who was holding the additional charge of the IRFC CMD along with two other were interviewed in the selection meeting.
Read Also : Arun Kumar, Director, Petroleum Ministry Appointed as Government Nominee Director to EIL BoardOn the note of not finding the suitable candidate PESB mentioned that, Condisering the strategic significance and long-term vision of the company, as well as the performance of the interviewed candidates, the board has decided not to recommend any candidate.
Instead, they have suggested the Ministry of Railways to explore alternative selection methods, such as the Searchcum-Selection Committee (SCSC), that would be deemed suitable for the selection process. This decision will be subject to the approval of the competent authority.
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