In a significant development, the central government on Thursday (November 13, 2925) approved a second consecutive one-year extension for Mallika Srinivasan, Chairperson of the Public Enterprises Selection Board (PESB), the apex government body tasked with selecting top executives for India’s Public Sector Undertakings (PSUs).
According to the official order, the extension will take effect from November 19, 2025, enabling Ms. Srinivasan to continue leading the PSU head-hunter until November 18, 2026.
Mallika Srinivasan, who also serves as Chairperson and Managing Director of Tractors and Farm Equipment Ltd (TAFE), made history in April 2021 when she became the first private-sector specialist to head the PESB. She succeeded Rajeev Kumar (Retd. IAS: 1984: JH), with an initial term of three years or until she attained the age of 65, whichever was earlier. Her first extension was granted in November 2024, extending her tenure till November 18, 2025.
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