Mallika Srinivasan assumed charge as new Chairman of PESB

New Delhi: Mallika Srinivasan has assumed charge as Chairperson of the Public Enterprises Selection Board (PESB) on April 12. She is also Chairman and Managing Director of Tractors and Farm Equipment (TAFE) Limited.

Mallika Srinivasan (born 1959) is an Indian industrialist and is the Chairman & Managing Director of Tractors and Farm Equipment Limited, a tractor major incorporated in 1960 at Chennai, India. She is also the chairperson of the Public Enterprises Selection Board (PESB) constituted by the Government of India. She is additionally on the Global Board of U.S.-India Business Council (USIBC), and the Boards of AGCO Corporation - United States and Tata Steel Limited. She is a member of the Executive Board of the Indian School of Business, Hyderabad, the Governing Board of the Indian Institute of Technology (IIT), Chennai, Bharathidasan Institute of Management (BIM), Trichy, and a member of the Governing Body of Stella Maris College, Chennai.

Mallika established TAFE as a mass manufacturer of tractors. She led the company's growth to its present status with revenues of INR 96 billion with diverse interests in tractors, farm machinery, diesel engines, engineering plastics, hydraulic pumps and cylinders, batteries, automobile franchises and plantations. Mallika has led a variety of industry bodies such as the Tractor Manufacturers’ Association of India, The Madras Chamber of Commerce and has held various positions in industry bodies such as the Confederation of Indian Industry, Indian Institute of Foreign Trade, etc.

She has an abiding interest in ensuring the development of education and healthcare in India and has been instrumental in supporting organizations such as the Sankara Nethralaya (A leading eye care organization), the Cancer Hospital in Chennai, and a number of educational and healthcare facilities in Alwarkurichi, Tirunelveli district in South India. In addition, she has also been a generous patron of arts through her involvement in the promotion and support of one of India's leading musical tradition of Carnatic music through the Indira Sivasailam Foundation.