S Sakthimani selected as CMD of FACT

PESB selects S Sakthimani, Director (Finance), as CMD of FACT. Appointment awaits ACC approval and vigilance clearances.

By
LO Bureau
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S Sakthimani has been selected for appointment as Chairman & Managing Director (CMD) of The Fertilisers and Chemicals Travancore Limited (FACT). The decision came during a Public Enterprises Selection Board (PESB) meeting held on October 3, 2025.

Currently serving as Director (Finance) at FACT, Sakthimani was chosen from among several contenders. Following the PESB’s recommendation, his name has been forwarded to the Appointments Committee of the Cabinet (ACC) for final approval. His appointment will be subject to the required vigilance clearances and the ACC’s nod.

The following 4 applicants were interviewed in the selection meeting:

  1. S Sakthimani, Director (Finance), The Fertilisers And Chemicals Travancore Limited (Fact)
  2. Satyendra Rai, Executive Director (Digital Transformation), NMDC Limited
  3. Abhijit Chakraborty, Executive Director Project, Indian Oil Corporation Limited
  4. Dr. Ajit Kumar Thakur, Executive Director (Alternate Energy), Indian Oil Corporation Limited

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