New Delhi: BEML Limited has appointed Shobha Sivasankaran as its Chief General Manager (Finance), strengthening the company’s senior leadership team and financial governance framework.
The appointment, effective May 14, 2026, comes as BEML continues to expand its operations across defence, aerospace, mining, construction, and rail & metro segments.
29 Years of Rich Experience in Public Sector Finance
Shobha Sivasankaran brings nearly three decades of experience in financial and commercial management, primarily from Steel Authority of India Limited (SAIL).
During her tenure at SAIL, she handled key responsibilities in areas such as:
- Financial planning and budgeting
- Cost and treasury management
- Compliance and governance
- Project financing and investment evaluation
She also served in senior finance roles at major industrial units, including Visvesvaraya Iron and Steel Plant (VISL) and Chandrapur Ferro Alloy Plant (CFP).
Key Role in Strengthening BEML’s Financial Strategy
At BEML, she will be responsible for driving financial strategy, improving governance systems, and supporting long-term business growth.
Her appointment is expected to strengthen financial discipline as the company focuses on:
- Defence and aerospace expansion
- Mining and construction projects
- Rail and metro manufacturing growth
- Operational efficiency and cost optimisation
Supporting Make in India and Atmanirbhar Bharat Goals
BEML is actively aligning its growth strategy with the Government of India’s Make in India and Atmanirbhar Bharat initiatives.
The inclusion of an experienced finance leader like Sivasankaran is expected to enhance the company’s ability to support large-scale infrastructure and defence manufacturing projects.
Strong Background in Industrial Financial Management
Sivasankaran is a Cost & Management Accountant (CMA) with extensive expertise in:
- Costing and budgeting
- Purchase and material accounting
- Financial compliance systems
- Strategic project appraisal
Her experience in managing large industrial finance operations is expected to contribute significantly to BEML’s future growth plans.
The appointment of Shobha Sivasankaran marks a key step in strengthening BEML’s financial leadership. With her vast experience in public sector finance, the company aims to enhance governance, efficiency, and strategic execution across its core business areas.
About BEML
BEML Limited is a leading public sector undertaking in India engaged in the manufacture of heavy equipment for defence, mining, construction, and rail & metro sectors. The company plays a crucial role in supporting India’s infrastructure development and self-reliance in manufacturing under the Make in India initiative.
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