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This Article is From Aug 30, 2012

Anshuman Das appointed acting head of Nalco

Anshuman Das, who is currently Director (Commercial) of Nalco, has been given additional charge of Chairman and Managing Director of the state-owned aluminium maker.

The move was taken due to a pending Central Vigilance Commission (CVC) inquiry against present incumbent B L Bagra, who is also Director (Finance) of the company, official sources said.

In a filing to the BSE, National Aluminium Company (Nalco) said that Das assumed the additional charge yesterday after a Mines Ministry order.

Nalco has been without a full time chairman since February 27, 2011, when its then Chairman and Managing Director (CMD) A K Srivastava was arrested by the Central Bureau of Investigation in a bribery case.

Since then Bagra, the senior most Director on Nalco board, was spearheading the company as its acting CMD. He was given the additional charge for initially for 3 months and subsequently, it was extended 5 times for similar periods.

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