Rakesh Singh, Secretary, Ministry of Steel took the additional charge of Steel Authority of India (SAIL) Chairman on Thursday.
The government has denied an extension to SAIL Chairman & Managing Director C S Verma, whose five-year tenure ended on Wednesday.
Verma was appointed SAIL Chairman & Managing Director in June 2010 by the United Progressive Alliance (UPA) government of the time. Since he still had four years before turning 60, the age for superannuation, he was eligible for an extension.
ALSO READ: SAIL chairman denied extension
The government order clarified yesterday only that the steel secretary would officiate as chairman of the company till a full-time chairman is appointed.
Singh, a 1978 officer of Punjab cadre, has earlier served on the boards of banks, insurance companies and financial institutions.
Singh is a Graduate in Science and a Post Graduate in History from the University of Allahabad. He also holds a Post Graduate Degree in Economic and Social Sciences from the University of Manchester.
Source: Business Standard
- metaljunction »
- Metal News
Metal News & Events
METALJUNCTION PUBLICATIONS
Coal Insights (English) Monthly
![Steel Insights](/assets/images/news/coal-insights.jpg)
Coal Insights is a ready reckoner for anyone associated with coal. This publication is aimed at tracking everything related to coal in India.
India Coal Market Watch(English) Monthly
![Steel Insights](/assets/images/news/ICMW_Jan09.gif)
ICMW is a one-stop source for all news, data and research pertaining to coal demand, consumption, stocks, spot- and long-term prices with respect to the Indian Market.
India Steel Market Watch (English) Monthly
![Steel Insights](/assets/images/news/ISMW.gif)
ISMW is a brand new high-end steel market report, covering all aspects of the steel industry in India.
Steel Insights(English) Monthly
![Steel Insights](/assets/images/news/SteelInsights.jpg)
Steel Insights delves into various facets of the domestic and global steel industry such as market fundamentals, raw material price trends, price forecasts etc.