CMD TAFE Mallika Srinivasan is Chairperson Public Enterprises Selection Board

Newsroom24x7 Network

New Delhi: With the appointment of Ms. Mallika Srinivasan, Chairman & Managing Director, Tractors and Farm Equipment (TAFE) Limited as Chairperson, Public Enterprises Selection Board (PESB), for a period of three years on Thursday 1 April 2021, the Modi Government has demonstrated its firm will to make the best use of professionals and experts at a level that has up till now remained the sole preserve of the “elite” Indian Administrative Service.

Simultaneously, Government of India has appointed Sailesh, IAS (AM: 1985), Secretary, Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, as Member, Public Enterprises Selection Board (PESB), for a period of three years.

Earlier NITI Aayog, in its three year Action Agenda, and the Sectoral Group of Secretaries (SGoS) on Governance, in its report submitted in February 2017, had recommended for induction of personnel in the middle and senior management level in the Government. Based on this, it was decided, in principle, to give lateral entry and appoint outside experts to 10 positions of Joint Secretary in identified Ministries/Departments and 40 positions at Deputy Secretary/Director level.

Mallika Srinivasan established TAFE as a mass manufacturer of tractors. She led the company’s growth to its present status with revenues of INR 96 billion with diverse interests in tractors, farm machinery, diesel engines, engineering plastics, hydraulic pumps and cylinders, batteries, automobile franchises and plantations. She has led a variety of industry bodies such as the Tractor Manufacturers’ Association of India, The Madras Chamber of Commerce and has held various positions in industry bodies such as the Confederation of Indian Industry, and Indian Institute of Foreign Trade. She is also on the Global Board of U.S.-India Business Council (USIBC), and the Boards of AGCO Corporation – United States and Tata Steel Limited. She is a member of the Executive Board of the Indian School of Business, Hyderabad, the Governing Board of the Indian Institute of Technology (IIT), Chennai, Bharathidasan Institute of Management (BIM), Trichy, and a member of the Governing Body of Stella Maris College, Chennai.

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