International Business

Govt invites application for new SAIL chief

The government today invited applications for the post of Chairman of the country"s largest steel maker Steel Authority of India (SAIL) as the incumbent Sushil Kumar Roongta is due to retire from office in May next year. - FM confident of managing differences over disinvestment - Govt planning to abolish post of lecturers in IITs - GCCI frowns on proposed levy on mining firms - Good growth for IT sector projected in Kerala - Karnataka presses for early release of $1.175 bn WB loan - Govt to transfer mgmt control of 3 sick units to RINL "The government of India, Public Enterprises Selection Board (PESB) invites application for the post of Chairman, SAIL," a public advertisement in a leading daily said. The last date for submitting application to PESB is November 9, 2009, it added. Executives from the company as well as from outside can submit their applications for the post, PESB says on its website. At the receipt of applications, PESB says it will scrutinise the applications and then shortlist candidates for an interview with a selection meeting. The Steel Secretary is also expected to participate in such a meeting. Roongta, who, started his career as a marketing executive in SAIL in 1972, rose to the position of its Chairman on August 1, 2006. Prior to the appointment as Charmian, he was the Director (Commercial) of the company. He has also held many posts in the PSU including Director (Personnel) and headed Human Resource, Corporate Planning and Raw Materials Division of the company.


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