Question
Download Solution PDFWho has been appointed as the new Chairman and Managing Director (CMD) of National Mineral Development Corporation?
Answer (Detailed Solution Below)
Option 4 : Amitava Mukherjee
Detailed Solution
Download Solution PDFThe correct answer is Amitava Mukherjee.
In News
- Amitava Mukherjee has been appointed as the new CMD of NMDC, effective from March 6, 2025.
Key Points
- Amitava Mukherjee was previously holding the additional charge of CMD at NMDC.
- The appointment is for the period from March 6, 2025, to February 29, 2028, or until further orders.
- He has been appointed as CMD by the Board of NMDC, as confirmed in an exchange filing.
- NMDC is a state-owned iron ore mining company, and the CMD appointment plays a key role in its strategic operations.
Additional Information
- NMDC (National Mineral Development Corporation)
- NMDC is India's largest iron ore producer and exporter, operating mainly in the Chhattisgarh and Karnataka states.
- The company plays a significant role in the mining and metal industry, contributing to India’s economy.
- Chairman and Managing Director (CMD)
- The CMD of a company is the top executive responsible for the day-to-day operations and decision-making of the organization.
- The appointment of a new CMD marks a strategic shift and direction for the company’s future growth and operations.
- Amitava Mukherjee
- Amitava Mukherjee has been part of NMDC and has now officially taken the role of CMD to steer the company’s strategic decisions.
- His leadership will focus on further enhancing the company's performance in the mining sector.