The Public Enterprise Selection Board (PESB) has selected Amit Kumar for the role of Chairman & Managing Director (CMD) of AI Assets Holding Limited (AIAHL), a Schedule ‘B’ PSU. Currently serving as Executive Director Asset Manager in ONGC, Kumar was chosen from seven candidates. His appointment is pending necessary clearances and approval from the Appointments Committee of the Cabinet (ACC).

Moreover, PESB has advertised several key vacancies in various PSUs. These include the post of Director (Technical) at NHPC Ltd, which has been vacant since August 8, 2024. Applications are open until November 11, 2024. Additionally, vacancies for Director (Production & Marketing) at Mishra Dhatu Nigam Ltd (MDNL), Director (Way & Works) at Konkan Railway Corporation Ltd (KRCL), and CMD at Hindustan Shipyard Ltd (HSL) were also announced, with respective deadlines ranging from November 4 to 11, 2024.

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