Appointments committee of the Cabinet has approved the restructuring of the board of Steel Authority of India Ltd.
The 4 posts of the chief executive officers of Integrated Steel Plants of SAIL are to be elevated as functional directors
“Elevation of CEOs of integrated steel plants as functional directors will facilitate greater de-centralization and nimble decision making with the views of the plants having greater weight in the central corporate governance structure,” steel ministry said.
Govt sees greater efficiency, decentralisation
The 4 posts of the chief executive officers of integrated steel plants of SAIL are to be elevated as functional directors, by designating them as directors-in- charge of Bokaro, Rourkela, Bhilai and one directorin-charge jointly for Burnpur and Durgapur steel plants.
The approved restructuring of the SAIL board also involves merging the functions and duties of the post of director (raw materials and logistics) and that of director (projects, and business planning) with the post of director (technical) and its consequent redesignation as director (technical, projects and raw materials).
The re-structured board of directors of SAIL will consist of chairman, director (finance), director (commercial), director (technical, project and raw materials), director (personnel), directors in-charge of ISPs, nonofficial directors as per the Companies Act 2013 and 2 government nominee directors as per the DPE policy.
この記事は Steel Insights の October 2020 版に掲載されています。
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この記事は Steel Insights の October 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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