New Delhi: The Public Enterprises Selection Board (PESB) on Friday officially initiated the recruitment process for the post of Chairman and Managing Director (CMD) of Fertilizers and Chemicals Travancore Limited (FACT), a major PSU under the Ministry of Chemicals and Fertilizers.
The PESB released an advertisement calling for applications from eligible and experienced professionals. Interested candidates can apply until July 24, 2025, as per the notification available on the PESB portal.
The CMD post at FACT has remained vacant since February 2, 2024, following the retirement of Kishor Rungta, who completed his five-year tenure. Since then, the position has been held on an interim basis, adding urgency to the selection of a full-time head for the state-run enterprise.
Key Responsibilities
As CMD, the selected candidate will lead FACT’s strategic and operational functions, overseeing areas such as project execution, financial management, and policy implementation, while reporting directly to the board and the Ministry.
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About FACT
Headquartered in Kochi, FACT is one of India’s oldest fertiliser companies, playing a key role in the production of ammonium sulphate, complex fertilizers, and petrochemicals. The PSU has also been instrumental in supporting the government’s food security objectives by ensuring timely fertilizer supply.
The new CMD will have the crucial responsibility of driving expansion plans, modernization efforts, and sustainability initiatives amid the growing focus on self-reliance and green energy in the fertiliser sector.
