Dilip Cherian | At last PESB has a chief; she has her task cut out
Published Apr 7, 2021, 7:13 am IST
Updated Apr 7, 2021, 7:13 am IST
Hopefully, her appointment will now end the delayed crucial appointments to top management posts in central public sector enterprises
Mallika Srinivasan, chairman and MD of tractors and farm equipment (TAFE), is the first private sector specialist to be appointed as the head of PESB for a three-year term. (Image credit: Twitter)
After six months, the government finally moved and appointed the new chairperson of the Public Enterprises Selection Board (PESB). Mallika Srinivasan, chairman and MD of tractors and farm equipment (TAFE), is the first private sector specialist to be appointed as the head of PESB for a three-year term. Hopefully, her appointment will now end the delayed crucial appointments to top management posts in central public sector enterprises. Her fixed tenure should also end the “revolving door” policy seen in recent t
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Mallika Srinivasan, chairperson and managing director of Tractors and Farm Equipment Ltd, has been named chief of the Public Enterprises Selection Board, which appoints the top managers of state-run firms. This is the first time a private-sector executive has been asked to head this key government body, and it speaks well of the Centre’s approach to picking management talent.
The move is in consonance with Prime Minister Narendra Modi’s view, as articulated in Parliament while discussing privatization, that career bureaucrats can’t be expected to have expertise in every field of business. Our administrative officers may be highly qualified, but they tend to be generalists rather than specialists in a world of increasing domain complexity. The public sector’s induction of managers from the private sector could bring in fresh ideas, a burst of vibrancy, new perspectives on weighing returns against risks, and speedier
In a first, private sector CMD to head board to pick PSU brass
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Last Updated: Apr 02, 2021, 10:10 AM IST
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Signalling an overhaul of the appointments process for public sector companies, the government has opted to appoint a private sector representative to head the Public Enterprises Selection Board (PESB).
Mallika Srinivasan, chairman and managing director of tractor major TAFE, has been appointed as chairperson of Public Enterprises Selection Board for three years.
(This story originally appeared in on Apr 02, 2021)CHENNAI: Signalling an overhaul of the appointments process for public sector companies, the government has opted to appoint a private sector representative to head the Public Enterprises Selection Board (PESB).
In a first, private sector CMD to head board to pick PSU brass
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In a first, private sector CMD to head board to pick PSU brass
TNN / Updated: Apr 2, 2021, 08:14 IST
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Mallika Srinivasan, chairman and managing director of tractor major TAFE, has been appointed as chairperson of Public Enterprises Selection Board for three years.
CHENNAI: Signalling an overhaul of the appointments process for public sector companies, the government has opted to appoint a private sector representative to head the Public Enterprises Selection Board (PESB).
Prominent businesswoman Mallika Srinivasan, chairman and managing director of tractor major TAFE, has been appointed as chairperson of PESB for three years, or till she turns 65.
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