NMDC Director (Finance) Role Remains Vacant After PESB Review
PESB did not recommend any candidate for NMDC’s Director Finance post in its July 2025 selection meeting and advised ministry to consider alternate options.
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New Delhi, July 21, 2025. The Public Enterprises Selection Board (PESB), which operates under the Department of Personnel & Training, has announced that no candidate has been recommended for the position of Director (Finance) at NMDC Limited. This decision came after its latest selection meeting held today in the capital.
The meeting, numbered 63/2025, started at 2:30 PM and was held to evaluate senior finance professionals for a top leadership role at NMDC, a Schedule 'A' Central Public Sector Enterprise (CPSE) under the Ministry of Steel. Ten candidates from various CPSEs were shortlisted and interviewed.
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Candidates Interviewed Included:
Shanthi P., General Manager (Finance), NMDC Ltd
Ajay Dwivedi, General Manager, Finance, NMDC Ltd
Gali Anupama, Chief General Manager & CFO, NMDC Ltd
Madhurachari Jagdish, General Manager, NMDC Ltd
Pradip Kumar Mahapatra, DGM (Finance), NMDC Ltd
Surendra Narayan Jena, DGM (Finance), NMDC Ltd
Sanjay Gupta, Group GM, Finance, NALCO
Himanshu Sekhar Panda, Group GM, NALCO
Ajay Kumar Aggarwal, GM, Finance, BSNL
Mohan Lal Kumawat, Executive Director (Finance, ECB & Corporate Accounts), REC Ltd
Despite the strong and diverse group of candidates, the PESB board did not find any person suitable for recommendation to this important financial role. The Board, committed to quality and transparency, has suggested that the Administrative Ministry explore other selection options. This could include a Search-cum-Selection Committee (SCSC), pending approval from the appropriate authority.
This outcome highlights the strict selection standards that PESB applies for top executive roles in public sector enterprises. It also shows the importance of aligning strategic positions with the right leadership profiles.
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