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Meet Rajesh Kumar of NCL, Selected as Director (Finance) of BCCL by PESB; Appointment Awaiting ACC Clearance

PESB Recommends Rajesh Kumar After Interviewing 11 Senior Finance Executives
Indian Masterminds Stories

Dhanbad/New Delhi: Rajesh Kumar, currently serving as General Manager (Finance) at Northern Coalfields Limited (NCL), has been selected for the position of Director (Finance) at Bharat Coking Coal Limited (BCCL). His selection was finalized during a meeting of the Public Enterprises Selection Board (PESB) held on September 24, 2025.

Rajesh Kumar emerged as the top candidate among 11 shortlisted applicants, following a rigorous selection process. His name has now been recommended to the Appointments Committee of the Cabinet (ACC) for final approval, pending necessary vigilance clearances.

Read Also: Coal India Subsidiary BCCL Receives SEBI Approval to Launch IPO, Offer for Sale of 46.5 Crore Shares

Background: Finance Leadership Vacancy at BCCL

The post of Director (Finance) at BCCL became vacant following the recent retirement of RK Sahay. Until now, the role was being handled as an additional charge by CMD MK Agarwal.

Given BCCL’s pivotal role in India’s coal sector and financial oversight needs, the appointment of a full-time finance director is seen as a critical move to strengthen governance and financial planning within the company.

About Rajesh Kumar

Rajesh Kumar brings with him extensive experience in financial management within the coal sector. As General Manager (Finance) at Northern Coalfields Limited, he has held key responsibilities including departmental leadership and strategic financial planning.

His selection underscores the importance of sector-specific expertise in managing the financial operations of public sector coal enterprises like BCCL.

Selection Process: 11 Candidates Interviewed

The PESB interviewed 11 senior finance professionals for the role. The candidates included executives from Coal India subsidiaries and other major PSUs. The complete list of applicants interviewed is as follows:

  • Sanjay Shrivastava – Executive Director (Finance), Coal India Limited
  • Rajesh Kumar – GM (Finance) & HOD, Northern Coalfields Limited
  • Sudip Dasgupta – GM (Finance) / CFO, Central Mine Planning & Design Institute Ltd
  • Surendra Kumar Shukla – GM (Finance), Internal Audit, Coal India Limited
  • Indira Balasubramani – GM (Finance), Western Coalfields Limited
  • Yougal Kishore – DGM (Finance) / HOD, Northern Coalfields Limited
  • Sanjay Kumar – DGM (Finance), Coal India Limited
  • Rajesh Kumar Sinha – Chief Manager AFM, Jayant Project, NCL
  • Dibendu Das – Director (Finance), Engineering Projects (India) Ltd
  • Anand Kumar – DGM, Mangalore Refinery & Petrochemicals Limited
  • Mukut Bihari Singhal – Executive Director (Finance), NBCC (India) Ltd

Next Steps

With the PESB’s recommendation in place, Rajesh Kumar’s appointment now awaits formal clearance from the Appointments Committee of the Cabinet (ACC). Once cleared, he will assume the role of Director (Finance) at BCCL, headquartered in Dhanbad, Jharkhand.

About BCCL

Bharat Coking Coal Limited (BCCL) is a subsidiary of Coal India Limited and the largest producer of coking coal in India, responsible for a significant portion of the country’s domestic production. Incorporated in 1972 and a Miniratna status company, BCCL mines coking coal and non-coking coal from its operations in the Jharia and Raniganj coalfields. Its primary products are essential for the Indian steel and power industries.

Read also: BCCL Reopens PB Coal Mine via MDO Model; Coking Coal Production Set to Boost Atmanirbhar Bharat


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