SAIL board: Government restructures SAIL board, more say for steel plant CEOs | India Business News


NEW DELHI: The Appointments Committee of the Cabinet (ACC) has approved the restructuring of the board of Steel Authority of India Ltd (SAIL), making four chief executives of integrated steel plants as functional directors.
These CEOs will now be designated as directors-in-charge of the plants in Bokaro, Rourkela, Bhilai and one jointly responsible for the facilities in Burnpur and Durgapur.
Besides, the restructuring will involve merging the functions of director for raw materials and logistics and projects and business planning with the post of director (technical).
The re-structured board consist of Chairman, along with directors for finance, commercial, personnel and technical, project and raw materials along with the four directors in-charge of the steel plants. . In addition, there will be non-official directors and two government nominees.
The move is aimed at facilitating greater and quicker decision-making, an official source said.

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