Port Wings News Network:
Mrs Harjeet Kaur Joshi has assumed charge as Chairperson & Managing Director of the Shipping Corporation of India Ltd (SCI), a Navratna CPSE under the Ministry of Shipping (MOS), Government of India.
Mrs. Joshi has been appointed to the post of C&MD, SCI by Ministry of Shipping vide its order dated 19.12.2019. With this Mrs. Joshi has become the first woman to be at the helm of affairs of India’s largest and most diversified shipping company.
Harjeet Kaur’s appointment is valid till her superannuation on May 31, 2022 or until further orders, the ACC said in a communication to the Shipping Ministry which controls SCI.
Prior to her appointment as C&MD, Mrs. Joshi has been serving SCI as Director (Finance) since February 2015 and was also holding the additional charge of CMD, SCI since 12.09.2019. Mrs. Joshi is a Member of the Institute of Directors (IOD) and a Fellow Member of The Institute of Cost Accountants of India. A Rank Holder in her Post Graduation in Commerce with specialization in Financial Management from the prestigious Delhi School of Economics, Delhi University after her B.Com (Hons.) from Delhi University. Additionally, she also has a Masters of Business Administration (MBA) with specialization in Financial Management.
Mrs. Joshi has been bestowed upon with many Honors and Awards which includes ‘CMA CFO Award 2014’ from The Institute of Cost Accountants of India. She has been the recipient of ‘The Most Influential CFOs of India Award’ from Chartered Institute of Management Accounts, UK for two successive years i.e. in 2015 and 2016. She has also been awarded with ‘The Tenth India CFO Awards – Excellence in Finance to enable a Turnaround’ hosted by International Market Assessment India Private Limited in association with Pierian Services in May 2016.
On 03.02.2018 she has been conferred with the Best Woman Employee Award 1st Place (Executive) by the Forum of Women in Public Sector under the aegis of SCOPE. She was conferred with ‘Woman of Substance’ Award at the 18th Sailors’ Today Sea Shore Awards 2019 held on 16.11.2019.
Meanwhile, the government has decided to sell its 63.75 per cent in SCI, to a private strategic buyer and the stake sale is in process.