Coal India Limited , the country's largest coal producer, has announced the appointment of Shri S K Maimud Alli as Executive Director of Materials Management. This appointment makes Alli part of the company's Senior Management Personnel at one level below the Board.

Background and Experience

Alli, aged 58, brings a wealth of experience and education to his new role. He holds a BSc. Engineering (Mining) degree and an MBA, providing a strong foundation for his leadership position. Alli's journey with Coal India began on October 10, 1990, and he has since accumulated over 30 years of valuable experience in procurement.

Significance of the Appointment

This appointment represents a significant promotion for Alli within the organization, reflecting Coal India's commitment to recognizing and elevating internal talent. As Executive Director of Materials Management, Alli is expected to play a crucial role in optimizing the company's procurement strategies and supply chain operations.

Implications for Coal India

The decision to appoint Alli to this senior position underscores Coal India's focus on strengthening its management team with experienced professionals. His extensive background in procurement is likely to contribute to enhancing operational efficiencies and cost-effectiveness in the company's material management processes.

Conclusion

As Coal India continues to play a vital role in India's energy sector, the appointment of seasoned professionals like S K Maimud Alli to key positions is expected to support the company's growth and adaptation to evolving market demands.

Coal India Limited (CIL), a leading coal producer, has announced significant changes in its senior management, promoting two experienced officials to Executive Director positions. The move, disclosed in a regulatory filing, strengthens the company's leadership team just below the Board level.

New Executive Director Appointments

Human Resource Leadership

Goutam Banerjee, 59, has been appointed as Executive Director (Human Resource). With a career spanning over three decades, Banerjee brings extensive experience to his new role:

• Joined Coal India Limited on June 29, 1994
• Over 31 years of experience in Human Resource and Industrial Relations
• Holds a Post Graduate Diploma in Personnel Management from XISS (Xavier Institute of Social Service)

Financial Expertise

Sanjay Srivastava, 56, has been promoted to Executive Director (Finance). His appointment adds significant financial acumen to the senior management:

• Associated with Coal India Limited since January 1991
• An Associate member of the Institute of Cost Accountants of India
• Diverse experience across various capacities, from mines to corporate offices

Strategic Significance

These promotions are particularly noteworthy as Executive Director positions are one level below the Board of Directors, indicating their strategic importance to Coal India Limited's operations and decision-making processes.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This transparency ensures that shareholders and the market are promptly informed of significant changes in senior management.

Coal India Limited's decision to promote from within demonstrates a commitment to recognizing and leveraging internal talent. These appointments are expected to bring fresh perspectives to the company's human resource management and financial strategies, potentially influencing its future direction and performance in the dynamic energy sector.