The Centre on Thursday appointed a non-public sector govt — Mallika Srinivasan — because the chairperson of the celebrated Public Enterprises Choice Board (PESB), breaking the conference of appointing senior bureaucrats to the publish. Srinivasan is CMD of Chennai-based TAFE, the nation’s second largest tractor producer.
PESB is accountable for the choice and placement of high personnel together with chairman, managing director, chairman-cum-managing director and practical administrators in CPSEs. The highest PESB publish was mendacity vacant since former finance secretary Rajiv Kumar, who held the publish between Might 1-August 31, 2020, was appointed as Election Commissioner.
Previous to Kumar, Kapil Dev Tripathi (IAS 1980) was the chairman of the board and he held the publish for only a month, earlier than shifting as Secretary to President Ram Nath Kovind on Might 1, 2020.
The Appointments Committee of the Cupboard has authorised the appointment of Srinivasan because the chairperson of PESB for a interval of three years from the date of assumption of cost, or till the attainment of the age of 65 years, in line with a authorities order.
Sailesh, a 1985-batch IAS officer, has been appointed as member, PESB. He’s at current Secretary, Division of Public Enterprises.
The PESB shall consist of 1 chairperson and three full-time members. MK Gupta and Rear Admiral Shekhar Mital (retd) are the 2 serving members of the PESB.