Mallika Srinivasan to lead PESB for one more year

The Government of India has reappointed Mallika Srinivasan, Chairman and Managing Director of Tractors and Farm Equipment Limited (TAFE), as the Chairperson of the Public Enterprises Selection Board (PESB) for another one-year term.

Listen to this article

Her new term will start on 19 November 2025 and end on 18 November 2026, according to a release.Mallika Srinivasan first took charge as PESB Chairperson in April 2021. She replaced Rajeev Kumar, former IAS officer of the 1984 Jharkhand cadre. Her original term was for three years or till she turned 65. Later, in November 2024, the government extended her term till 18 November 2025. This is her second extension. The government is said to be satisfied with the way PESB has been selecting leaders for public sector companies. Officials note that PSU performance has been steady during her period.

With this extension, she will continue to lead the selection process for top posts in central public sector undertakings for another year.

 

Latest

Taking measures to enhance resilience from shocks: RBI Guv

“Although India remains exposed to the effects of the...

AI uncertainty keeps Shriram Properties cautious on commercial portfolio

“We don't know what AI is going to do,”...

KICL signs MoU for ship recycling JV in TN

The MoU signed on 30.09.2026, records the understanding between...

Sincerest Of Flattery!

It doesn’t matter to him that his plan would...

Newsletter

Don't miss

Taking measures to enhance resilience from shocks: RBI Guv

“Although India remains exposed to the effects of the...

AI uncertainty keeps Shriram Properties cautious on commercial portfolio

“We don't know what AI is going to do,”...

KICL signs MoU for ship recycling JV in TN

The MoU signed on 30.09.2026, records the understanding between...

Sincerest Of Flattery!

It doesn’t matter to him that his plan would...

Anup Kumar Saha named Kotak Mahindra Bank MD

Saha will begin his three-year contract on 1 January,...

Taking measures to enhance resilience from shocks: RBI Guv

“Although India remains exposed to the effects of the West Asia conflict through higher commodity prices and external sector pressures, our economy is navigating...

AI uncertainty keeps Shriram Properties cautious on commercial portfolio

“We don't know what AI is going to do,” M Murali, Chairman and Managing Director, Shriram Properties, said at a media briefing in Chennai....

KICL signs MoU for ship recycling JV in TN

The MoU signed on 30.09.2026, records the understanding between the parties for exploring the proposed business opportunity and does not, by itself, constitute an...