In a key development for MMTC Limited, the Public Enterprises Selection Board (PESB) has recommended Kundan Kumar Mishra for the post of Director (Finance).
Mishra is currently serving as Additional General Manager at NTPC Limited and was selected after a competitive interview process conducted by PESB in its 23rd selection meeting held on March 18.
He emerged as the top candidate from a shortlist of four candidates, which included two candidates from NTPC and one each from CMPDIL and HUDCO. His appointment will now be subject to approval by the Appointments Committee of the Cabinet (ACC).
As Director (Finance), Mishra will be a member of the Board of Directors of MMTC Limited and will report directly to the Chairman and Managing Director (CMD). He will be responsible for overseeing the organisation’s finance and accounts functions, along with formulating and implementing key financial policies.
The role is crucial for MMTC, a public sector enterprise under the Ministry of Commerce & Industry, as it continues to navigate evolving market conditions and strengthen its financial operations.
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Mishra’s experience at NTPC, one of India’s largest public sector companies, is expected to bring valuable financial expertise and strategic insight to MMTC. His background in handling complex financial operations in a large organisation could help enhance financial planning, governance, and operational efficiency at the PSU.
The PESB recommendation marks an important step in filling a key leadership position at MMTC, with Mishra emerging as the preferred candidate to lead its financial function.
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