Who has been appointed as the new Chairman and Managing Director (CMD) of National Mineral Development Corporation?

  1. Sandeep Kumar
  2. Ravi Sharma
  3. Prashant Kumar
  4. Amitava Mukherjee

Answer (Detailed Solution Below)

Option 4 : Amitava Mukherjee

Detailed Solution

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The 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.
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