New Delhi, Sept. 25 -- In a bid to bring in decentralisation and better decision- making in the state-run Steel Authority of India Ltd (SAIL), the Appointments Committee of the Cabinet (ACC) has approved the restructuring of the company board.
An official statement said on Friday that the four posts of the Chief Executive Officers of Integrated Steel Plants of SAIL will be elevated as Functional Directors, by designating them Directors-incharge of Bokaro, Rourkela, Bhilai Integrated Steel Plants and one in charge jointly for Burnpur and Durgapur plants.
"The approved restructuring of the SAIL Board also involves merging the functions and duties of the post of Director (Raw Materials and Logistics) and that of Director (Projects, and Busin...