PTI reported that the Indian steel ministry said that it has initiated the process to constitute a committee for the selection of the chairman for iron ore miner NMDC.
Indian steel minister Mr Beni Prasad Verma said in the Lok Sabha “It has been decided to constitute a search committee for selection of CMD of NMDC. The process of constitution of search committee has already been initiated.”
He said “The selection of the new incumbent for the post of CMD, NMDC could not be made till now, as the panel recommended by Public Enterprises Selection Board has since been scrapped.”
PESB had in July 2011 suggested Mr MS Rana CMD of Security Printing and Minting Corporation of India, to take over from incumbent Mr Rana Som who was set to retire from NMDC on December 31 last year after attaining the age of superannuation. But, the Steel Ministry was not happy with the PESB's recommendation and instead gave company's Technical Director Mr NK Nanda the additional charge. Following some issues that cropped up, SAIL chairman Mr CS Verma was given the additional task.
NMDC is without a permanent CMD since the retirement of its head on December 31st 2011.
