Saturday, 30 July 2016

Government starts process to appoint full-time CMD for MTNL

State-run MTNL will soon get a full-time chairman and managing director (CMD), as the Department of Telecommunications (DoT) has formed a search-cum-selection committee for such an appointment with a tenure of five years. The state-run telecom company, which offers services in Delhi and Mumbai, has been without a full-time CMD since May 30, 2014, when A K Garg retired from the post. P K Purwar, director
(finance) of MTNL, was given additional charge for the post from June 2014. From June 2015 to June 2016, N K Yadav, who is member (services), held the charge. Purwar was again given the additional charge in June 2016, after completion of Yadav’s tenure.   Candidates are required to submit their applications before September 8, 2016.

Purwar’s name had been recommended for the MTNL's top post by the public enterprises selection board (PESB) in November 2013, but the government did not go ahead with the recommendation. MTNL has been making losses since 2009-10. However, the telecom firm expects to post operational profit at the end of the current financial year and turn profitable in 2017-18.


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