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Two new directors to join Pawan Hans board

NEW DELHI:State-run chopper operator Pawan Hans is set to expand its board with the induction of two new directors, amid its listing plans.

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New Delhi, July 24

State-run chopper operator Pawan Hans is set to expand its board with the induction of two new directors, amid its listing plans.

Pawan Hans Helicopters Limited (PHHL), in which government holds 51 per cent stake and remaining are with the ONGC, currently has six members on its board, including the public sector oil major's CMD BP Sharma.

DGCA chief M Sathiyavathy, Joint Secretary and Financial Adviser in the Civil Aviation Ministry Gargi Kaul, Joint Secretary Usha Padhee, ONGC Director for offshore TK Sengupta and Air Vice Marshal AS Butola are the other members on the PHHL Board.

The two new directors — one for finance, personnel and administration and the other for operations, are soon going to be inducted, sources said.

Government's head hunter Public Enterprises Selection Board (PSEB) is already in the process of selecting suitable candidates for the two new board positions, they said. The government-owned chopper operator currently has 43 helicopters in its fleet.

Soon after coming to power in 2014, the NDA Government had announced its plans to get both Airports Authority of India and Pawan Hans listed on the bourses. — PTI

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