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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 Administrative Ministries/Departments by recommending names of at least 3 eligible persons for each position proposed to be filled. The selection of non-official Directors in respect of all CPSEs is made by the Search Committee which presently consists .....

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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 CPSEs which includes names of around 172 ex-Government Servants, around 136 ex-CMDs/Directors of CPSEs, around 87 Professors/Academicians and around 114 Professionals. The Criteria for selection / appointment of non-official Directors on the Boards of .....

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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 domain e.g. management, finance, marketing, technology, human resources or law. Professionals of repute having more than 15 years of relevant domain experience in fields relevant to the company s area of operation. Former CEOs of private companies if t .....

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