NALCO CMD Sridhar Patra Retires

New Delhi: National Aluminium Company Limited (NALCO), India's leading mining and metals company, announced the retirement of Shri Sridhar Patra, the esteemed Chairman-cum-Managing Director of NALCO, effective October 31, 2024, after a distinguished career spanning several years. Shri Patra's leadership and guidance have been instrumental in shaping the Company's growth and success. The Company extends its heartfelt thanks to Shri Patra for his invaluable contributions and wishes him a fulfilling retirement.

Sridhar Patra released from his CMD services

The company in its regulatory filing inform that, on attaining the age of superannuation, Shri Sridhar Patra, Chairman-cum-Managing Director of the Company has been released from the services of the Company w.e.f. 31.10.2024 (AN).

Who is the Next CMD of NALCO?

PESB in September selected Brijendra Pratap Singh, currently the Director in charge of Burnpur and Durgapur Steel Plants at Steel Authority of India Limited (SAIL), as the next Chairman-cum-Managing Director (CMD) of National Aluminium Company Limited (NALCO). As Sridhar Patra has been released from his services it is expected that Brijendra Pratap will join immediately from Today, November 1, 2024.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : BSNL enters into partnership with Skypro to offer IPTV service in India

During his tenure, Mr. Patra played a pivotal role in steering NALCO towards significant milestones. His visionary leadership and strategic initiatives have been instrumental in enhancing the company's operational efficiency, financial performance, and overall growth. Under his guidance, NALCO has achieved remarkable success in various areas, including production, sales, and exports.

Mr. Patra's contributions to the Indian mining and metals industry are widely recognized. His commitment to sustainable development, employee welfare, and corporate social responsibility has set new benchmarks for the sector.

NALCO extends its heartfelt gratitude to Mr. Patra for his invaluable contributions to the company. The company wishes him a happy and fulfilling retirement.

Read Also : Punjab & Sind Bank plans to raise Rs 3,000 crore through infrastructure bonds

About Sridhar Patra: 

Shri Sridhar Patra assumed the charge of Chairman-cum Managing Director of Navratna CPSE NALCO with effect from 17th December 2019. Before that, he has served as Director (Finance) of NALCO and THDC. He has been in the board-level position in CPSEs since 2013. Shri Patra is also the Chairman of the Board of the Joint Venture Companies of NALCO, viz. UADNL (JV of NALCO and MIDHANI) and KABIL (JV of NALCO, HCL and MECL).

Read Also : Defense PSU stock, Mazagon Dock Shipbuilders fixes record date for stock split