New Delhi: In a sudden leadership shake-up, the Ministry of Jal Shakti has removed the Chief Managing Director (CMD) of WAPCOS Limited with immediate effect, according to the latest order issued by the central government.
Following this decision, the additional charge of CMD has been entrusted to Mr. Pankaj Kapoor, who currently serves as Director (Finance) at the company. Kapoor, a seasoned finance professional, is expected to provide stability and strategic direction as the consultancy PSU navigates ongoing projects in water resources, power, and infrastructure sectors.
Staff Reaction and Organizational Implications
The decision has been welcomed by the employees and staff of WAPCOS, who expressed gratitude toward the ministry’s intervention. Many view the move as a signal to reinforce accountability, improve performance, and address uncertainties in project execution.
Ministry’s Emphasis on Accountability
Officials familiar with the matter suggested that the ministry’s step serves as a reminder to CMDs and senior executives to remain focused on organizational welfare, duties, and performance benchmarks. Leadership vigilance is seen as vital, particularly as WAPCOS undertakes critical projects both in India and abroad.
About WAPCOS
WAPCOS Limited, a Mini Ratna-I PSU under the Ministry of Jal Shakti, is a premier engineering consultancy and EPC company with global operations. It specializes in water resources, power, and infrastructure development, having executed projects in more than 50 countries. The organization plays a pivotal role in supporting India’s development diplomacy while strengthening domestic infrastructure.
