Several C-Suites to fall vacant at Coal India
Coal India and its eight subsidiaries are likely to have six board level-posts falling vacant in the next eight months while another nine are already vacant at a time when the company is struggling to meet the country’s demand for coal.
A senior Coal India executive said top-level vacancies would make it difficult to take key decisions on investment, manpower, finance, production and supplies. “Delay in taking decisions about supplies or production leads to issues that the consuming industry faces,” the executive said.
The posts of chairman and managing director, director finance, director technical and director personnel are already vacant at Eastern Coalfields for some times now, the executive said.
The chairman and managing director of Mahanadi Coalfields, AK Jha, has been recently appointed as chairman and managing director of Coal India. The post of chairman and managing director of Mahanadi Coalfields, thus, automatically fell vacant although he is on additional charge of the post.