Sanjay Swarup recommended as next CMD of CONCOR by PESB panel

The Public enterprise selection board (PESB) panel on Wednesday recommended Sanjay Swarup to be the next Chairman & Managing Director (CMD) of Container Corporation of India (CONCOR), a PSU under the Ministry of Railways. 

Currently, he is serving as Director (International Marketing & Operations) at CONCOR.

PESB in its selection meeting held on June 7th, interviewed a list of eight candidates of which the panel has Swarup for the post of CMD of CONCOR. Of the eight candidates interviewed, six were from CONCOR and one each from Rail Vikas Nigam Limited (RVNL) and the Indian Railways Service of Electrical Engineering (IRSEE).

PSEB’s recommendation will have to be signed off by the Appointments Committee of the Cabinet (ACC)

As Chairman and Managing Director (CMD) of CONCOR, Swarup will be the Chief Executive of the company. He will be accountable to the Board of Directors and the Government. He will also be responsible for the efficient functioning of the corporation, and for achieving its corporate objectives and performance parameters.

V Kalyana Rama, the incumbent CMD will be set down from the role on September 30. CONCOR is lined up for privatization by the center, however, the final process is yet to start.

Leave a Reply

Your email address will not be published. Required fields are marked *