In a significant development, MMTC Limited, one of India’s leading public sector trading enterprises under the Ministry of Commerce and Industry, has announced the appointment of Ms. Anoopa Sankarankutty Nair as Director (Finance) on its Board. The appointment was formalised following a resolution passed by circulation on June 10, 2025.

Ms. Nair, currently serving as Director in the Services Marketing Division (SMD) of the Department of Commerce, has been entrusted with this additional responsibility for one year from the date she assumes charge. The tenure may end earlier upon the appointment of a regular incumbent or subject to further orders, as per the directive issued by the Department of Commerce on June 2, 2025.

With a strong academic background and extensive administrative experience, Ms. Nair brings considerable expertise to the MMTC Board. She holds an M.Phil. in Applied Economics from Jawaharlal Nehru University (JNU), earned in 2008 with first-class distinction. Over the years, she has held several critical roles in both the Ministry of Finance and the Ministry of Commerce & Industry, contributing significantly in areas related to services, export promotion, and policy formulation.

Her appointment as Director (Finance) is expected to add value to MMTC’s strategic and financial operations, especially as the organisation navigates a dynamic and competitive global trade environment. The move is also aligned with the government’s broader agenda of enhancing efficiency and accountability in the management of public sector undertakings.

In an official regulatory filing with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), MMTC confirmed that Ms. Nair is not disqualified from holding a directorial position under any regulatory framework. The filing also clarified that she has not been debarred by the Securities and Exchange Board of India (SEBI) or any other statutory authority.

Industry observers have welcomed the decision, noting that Ms. Nair’s blend of academic rigour and policy experience positions her well to oversee MMTC’s financial strategies and compliance functions. Her role is expected to include oversight of financial planning, budget control, and overall fiscal discipline within the organisation.

Established in 1963, MMTC Limited is one of India’s largest international trading companies and plays a vital role in the import and export of commodities such as minerals, metals, agro products, fertilisers, and precious metals. The company’s strategic importance in India’s trade landscape makes the role of Director (Finance) particularly critical, especially in times of shifting global trade dynamics and evolving domestic economic policies.

With Ms. Nair stepping into this additional role, MMTC aims to further strengthen its financial governance and strategic planning capacities as it continues to play a pivotal role in the country’s international trade ecosystem.

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