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Braithwaite & Co CMD Md Asad Alam Steps Down Due to Health Issues, Immediate Relieving Approved by Railway Board

Veteran IRSME officer steps down from Miniratna PSU, paving way for additional charge arrangements at Kolkata-based heavy engineering company
Indian Masterminds Stories

New Delhi/Kolkata: Md Asad Alam, Chairman and Managing Director (CMD) of Braithwaite & Company Limited (BCL), has resigned from his position on health grounds, and the Railway Board has approved his resignation with immediate effect, waiving the mandatory three-month notice period. The official communication, dated December 11 and signed by Ravi Shekhar, Joint Secretary (Deputation) of the Railway Board, instructed that Alam “may please be relieved immediately” and noted that “orders for additional charge arrangement will follow.”

Alam’s Tenure and Experience

Alam, a 1990-batch Indian Railway Service of Mechanical Engineers (IRSME) officer, was entrusted with the role of CMD at BCL effective February 29, 2024. Bringing over three decades of experience in railway operations and public sector engineering, he previously served as Chief Rolling Stock Engineer (Coaching) at South Eastern Railway. His tenure at Braithwaite & Co oversaw several key manufacturing achievements and strategic initiatives, strengthening the company’s operations and market presence.

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Impact of Resignation

The Railway Board’s decision to waive the standard notice period underscores the urgency and health-related nature of Alam’s resignation. The announcement also indicated that temporary arrangements for the CMD role will be communicated shortly to ensure continuity in leadership and ongoing projects. Stakeholders expect the transition to be smooth, given BCL’s established governance framework and experienced management team.

About Braithwaite & Co Ltd

Braithwaite & Co Ltd is a Miniratna Category-I public sector enterprise under the administrative control of the Ministry of Railways. Headquartered in Kolkata, the company is engaged in the manufacture of railway wagons, cranes, structural steel, and other heavy engineering products. With a strong focus on engineering excellence and strategic growth, BCL continues to play a vital role in supporting India’s railway and infrastructure sectors.

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