The Public Enterprises Selection Board (PESB) has recommended A. Kapil for the post of Director (Finance) at NMDC Limited, India’s largest iron ore producer under the Ministry of Steel.
The recommendation was made following interviews conducted by the selection board, as part of the process to fill the key board level finance position at the Navratna public sector undertaking. The appointment will be subject to the usual approvals from the Appointments Committee of the Cabinet.
The Director (Finance) role at NMDC is strategically important, overseeing financial planning, capital allocation, budgeting, risk management, and investor relations, especially as the company continues to expand mining capacity, modernise operations, and pursue diversification initiatives.
A. Kapil’s selection comes at a time when NMDC is focused on strengthening financial discipline, improving operational efficiency, and supporting long term growth projects across mining, steel, and mineral development.
Once formally approved, the appointment is expected to further reinforce NMDC’s top management team as the PSU advances its transformation agenda and capital investment programmes.