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

Appointment | Dated: 31 Oct 2024

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).

🎯 Key Highlights:

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

💡 Other Important Facts:

  • (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.

📚 Test Your Knowledge:

Recently, PESB appointed whom as the Chairman and Managing Director of Al Assets Holding Limited (AIAHL)?

Correct Answer: Amit Kumar

🚀 Quick Recap: