Cabinet Appoints Mallika Srinivasan as Chief of PESB

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The Appointments Committee of the Cabinet has approved the appointment of Mallika Srinivasan as the Chairperson of Public Enterprises Selection Board (PESB).
Mallika Srinivasan, Chairman and Managing Director of Tractors and Farm Equipment (TAFE) Limited has been appointed as the chairperson of PESB, for a period of three years from the date of assumption of charge, or until the attainment of the age of 65 years.
This is for the first time that a specialist from private sector has been appointed as the head of the PESB.
PESB is responsible for the appointment of top management posts in the Central Public Sector Enterprises (CPSEs).