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SAIL Chairman Amarendu Prakash Resigns; Interim CMD Named

Business
By ThePip Desk•
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Two men in an office. One stands by a window, looking at a tablet. Another sits at a desk, reviewing documents.

An executive reviews news on a tablet as another works at a desk, symbolizing a leadership transition.

Key Highlights

Amarendu Prakash resigns as SAIL Chairman. Krishna Kumar Singh appointed interim CMD. Ashok Kumar Panda eyed for permanent role. Read more about this leadership transition.

Amarendu Prakash has resigned from his position as Chairman and Managing Director of Steel Authority of India Limited (SAIL). The steel ministry has approved his resignation, marking the end of his tenure.

In the interim, Krishna Kumar Singh will take on the role of Chairman and Managing Director (CMD) for a period of three months. This appointment will provide leadership continuity as the company navigates this transition period.

Looking ahead, Ashok Kumar Panda has been recommended for the permanent CMD position. The company is preparing for this leadership transition, following Prakash’s departure. His term was originally set to conclude on April 2, 2026.