New Delhi: The Search-cum-Selection Committee (SCSC) of the Ministry of Steel has recommended Anurag Kapil for the position of Director (Finance) at NMDC Limited, a leading public sector undertaking (PSU) in India. The recommendation was made following a rigorous interview process involving 13 candidates. The appointment is subject to the requisite clearances and approval from the Appointments Committee of the Cabinet (ACC).
Current Role and Career Background
Anurag Kapil is currently serving as Director (Finance) at the Container Corporation of India Limited (CONCOR) since October 2024. Prior to this, he held the position of Executive Director, Finance Expenditure, at the Railway Board. A seasoned officer of the Indian Railway Accounts Service (IRAS), Kapil has extensive experience in financial governance, strategic planning, and policy formulation within public sector undertakings.
Professional Expertise and Achievements
Kapil’s expertise spans several key areas, including financial management, budget control, project appraisal, and PSU governance. During his tenure with the Indian Railways, he played a pivotal role in formulating policies related to coal block allocation, pricing, and disinvestment processes for major PSUs. He has also served as a Government Nominee Director on the boards of several central public sector enterprises, including Singareni Collieries Co. Ltd. and Konkan Railway Corporation Ltd.
Educational Credentials
Kapil’s educational background reflects a strong foundation in finance and public affairs. He holds a Bachelor’s degree in Chemistry (Hons) from Hans Raj College, an MBA from the Faculty of Management Studies (FMS), University of Delhi, and a Master’s in Public Affairs from the University of Minnesota. His academic and professional credentials make him well-suited to lead financial operations at a major PSU like NMDC.
Next Steps for Appointment
With the post of Director (Finance) currently vacant, Kapil’s appointment will fill a crucial leadership role at NMDC, ensuring continued oversight of the company’s financial strategies and governance. Once the ACC approval and other formal clearances are obtained, he will officially assume charge of the position.
About NMDC Limited
NMDC Limited is India’s largest iron ore producer and a prominent public sector enterprise under the Ministry of Steel. Established in 1958, NMDC plays a critical role in the country’s mineral and steel sectors, focusing on sustainable mining, operational efficiency, and long-term growth.
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