PESB Appoints Amit Kumar as Chairman and Managing Director of Al Assets Holding Limited (AIAHL).

Appointment

The Public Enterprise Selection Board (PESB) has appointed Amit Kumar as the Chairman and Managing Director (CMD) of Al Assets Holding Limited (AIAHL), a Schedule 'B' Central Public Sector Undertaking (PSU).


      - His appointment is subject to clearance and approval from the Appointments Committee of the Cabinet (ACC).

     

     

Main Points:-   (i) Amit Kumar currently holds the position of Executive Director (ED) and Asset Manager at Oil & Natural Gas Corporation Limited (ONGC) in Jorhat, Assam.

      (ii) AIAHL is a Special Purpose Vehicle (SPV) established under the Ministry of Civil Aviation (MoCA) to provide unified asset holding services, as outlined in the object clauses of its Memorandum of Association.


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