Mallika Srinivasan, Chairman and Managing Director (CMD), Tractors and Farm Equipment (TAFE) Limited, has been appointed as the Chairperson of the Public Enterprises Selection Board (PESB) for a period of three years. She replaces Rajeev Kumar (Retd IAS:1984:JH).
This is for the first time that a private sector specialist has been appointed as the head of the PESB, responsible for appointment of top management posts in the Central Public Sector Enterprises (CPSEs).
Further, Sailesh (IAS:1985:AM) has been appointed as member, PESB for a period of three years or until the attainment of the age of 65 years. Presently, he is Secretary, Department of Public Enterprises.