The Ministry of Steel has selected MNVS Prabhakar as the next Chairman and Managing Director of Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant. According to the sources, the decision was taken after a meeting of the Search-cum-Selection Committee in New Delhi on March 14, 2026.
Prabhakar now works as Executive Director and Head of the Nagarnar Integrated Steel Plant at NMDC Steel Limited. He was selected for the top post in the Schedule ‘A’ public sector company.
The committee interviewed five senior executives before taking the decision.
The other candidates were S Subbaraj, Executive Director at the Alloy Steels Plant of SAIL. Bipin Kumar Giri, Executive Director (Mines Development) at SAIL. Munna Prasad Singh, Executive Director (Mines) OGOM CMLO at SAIL. Rakesh Kumar, Executive Director (Works) at Bhilai Steel Plant of SAIL.
After the recommendation of the committee, the proposal will go to the Appointments Committee of the Cabinet. The ACC will take the final decision before the appointment is officially notified.
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