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NMDC to get full time Chief before year-end: Verma

The largest domestic iron ore mining firm is without a full time chairman for the past 23 months after its last full time head Rana Som had retired on 31 December, 2011. Steel Authority of India Ltd (SAIL) chairman C S Verma is currently officiating as NMDC head also.

'I assure you NMDC will get a full time before December- end. The (appointment) process is on, let the vigilance clearance come (for the selected person),' Verma told reporters here after inaugurating Steel Pavilion at the India International Trade Fair.

Meanwhile, the Steel Ministry is in the process of appointing another officiating head for NMDC, replacing SAIL chairman Verma as it wants him to focus on his own company.

It has recommended the name of Syedain Abbasi, joint secretary in the ministry, as new interim head of the company to the Appointments Committee of the Cabinet. Abbasi is already on the board of NMDC as a government nominee director.
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