Bharathi Sihag assumes additional charge of NMDC Chairman

NEW DELHI: Additional Secretary in the Steel Ministry Bharathi S Sihag has been given the additional charge of Chairman-cum-Managing Director (CMD) of state-run iron ore miner NMDC, with effect from January 1, 2016.

Sihag, who also holds the charge of Financial Adviser in the ministry, will remain at the helm of affairs at the National Mineral Development Corporation for three months or till a regular incumbent is appointed, whichever is earlier.

NMDC in a BSE filing said: "In terms of order dated January 11, 2016 of Ministry of Steel, the additional charge of the post of CMD NMDC is assigned to Bharathi S Sihag, Additional Secretary and Financial Adviser, Steel Ministry."

Sihag will hold the post "...for a period of 3 months with effect from January 1, 2016 or till the appointment of a regular incumbent to the post or until further orders, whichever is the earliest," it added.

The previous CMD of the country's largest iron ore miner Narendra Kothari retired on December 31.

Government's head hunter Public Enterprises Selection Board ( PSEB) recommended Gopal Singh for the top post, but sources said that Appointments Committee of the Cabinet has still not given its nod on the same.

Gopal Singh has been heading Central Coalfields Ltd ( CCL) since March 2012.