People: Coal India Ltd (COAL.BO)
Smt. Sujata Prasad has been appointed as Additional Nominee Director of Coal India Ltd., effective May 03, 2013. She holds office upto the 39th annual general meeting of the company. The company has recieved to propose Smt. Sujata Prasad as candidate to the office of Director. Smt. Sujata Prasad, if appointed, will be liable to retire by rotation under Sections 255 and 256 of the Companies Act, 1956 and the Articles of Association of the company. Smt Sujata Prasad aged 55 years belongs to 1983 batch of Indian Civil Accounts Service. She has held senior managerial positions in different ministries and departments of the Central Government. This includes her last stint as the head of a Training/Research Institute of the Ministry of Finance (Government of India). She has spent 5 years with the Government of Bihar and an equal number of years as Senior Financial Adviser of the All India Institute of Medical Science. Smt Prasad has co-authored a book on Health Security, edited an International Journal on Public Policy and has published several research papers on different aspects of gender, public health, poverty and development. In addition to her current position as JS & FA, MoC. Smt Prasad is also JS & FA of the Mines, Corporate Affairs, Youth Affairs and Sports ministries. She holds directorship in Hindustan Zinc Limited (HZL), Bharat Aluminum Company Limited (BALCO) and Hindustan Copper Limited (HCL). None of the Directors except Smt. Sujata Prasad is interested or concerned in the resolution. The Board of Directors consider that in view of the background and experience of Smt. Sujata Prasad, it would be in the interest of the Company to appoint her as a Director of the Company. The Board recommends the resolution for your approval.
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