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Posts of Independent Directors in Boards of Public Sector Undertakings (PSUS)

Dated:- 7-8-2015 - The Boards of Central Public Sector Enterprises (CPSEs) comprise of functional, Government and non-official Directors. The proposals for appointment of non-official Directors on the Boards of CPSEs are initiated by the concerned Ad .....

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of Secretary (DoPT) as chairperson, Secretary (DPE), Secretary of the administrative Ministry/Department of the CPSE and 2 non-official Members. The concerned Administrative Ministry/Department appoints the non-official Directors on the basis of rec .....

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rectors on the Boards of CPSEs. During the last three years (2012, 2013 and 2014) and the current year (2015), Search Committee has recommended names of around 516 persons for filling up around 457 positions of non-official Directors in around 212 CP .....

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CPSEs as laid down by the Government are as under; (A) Criteria of Experience Retired Government officials with a minimum of 10 years experience at Joint Secretary level or above. Persons who have retired as CMD/CEOs of CPSEs and Functional Directors .....

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ot be eligible to be considered for appointment as non-official Directors on the Boards of any CPSEs. Academicians/Directors of Institutes/Heads of Department and Professors having more than 10 years teaching or research experience in the relevant do .....

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he company is (a) listed on the Stock Exchanges or (b) unlisted but profit making and having an annual turnover of at least ₹ 250 crore. Persons of eminence with proven track record from Industry, Business or Agriculture or Management. Serving .....

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