the Public Enterprises Selection Board (PESB) has rejected all candidates who appeared for the post of Chairman & Managing Director (CMD) of Cochin Shipyard Limited, leaving the top position vacant.
The move comes following the superannuation of former CMD Madhu S. Nair, who stepped down after completing a notable 10-year tenure at the helm of the shipbuilding PSU.
Candidates Found Unsuitable
According to sources, two senior officials who appeared before PESB for the interview were:
- Dr. Harikrishnan S
- Biju George
However, PESB did not find either candidate suitable for the top post.
Next Step: SCSC Route Likely
In its official communication, PESB stated that it has not recommended any candidate and has advised the Administrative Ministry/Department to explore alternative routes for selection.
This includes referring the matter to the Search-cum-Selection Committee (SCSC) or adopting any other appropriate mechanism with the approval of the competent authority.
Leadership Vacuum at Strategic PSU
Cochin Shipyard Limited plays a critical role in India’s shipbuilding and ship repair sector, including defence and commercial projects. The absence of a full-time CMD at a time of expanding maritime ambitions could impact strategic decision-making.
