PESB picks Sanjay Swarup to be the next CMD of CONCOR

Sanjay Swarup is set to be next Chairman & Managing Director (CMD) of Container Corporation of India (CONCOR), a PSU under the Ministry of Railways. Swarup has been recommended for the post by the Public Enterprises Selection Board (PESB) panel. Presently, he is serving as Director (International Marketing & Operations) in the same organisation.

Swarup has been recommended for the post of CMD of CONCOR from a list of eight candidates, who were interviewed by the PESB panel in its selection meeting held on June 7. Out of eight candidates, six candidates were from CONCOR and one each from Rail Vikas Nigam Limited (RVNL) and Indian Railways Service of Electrical Engineering (IRSEE).

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As Chairman and Managing Director (CMD) of CONCOR, Swarup will be Chief Executive of the company. He will be accountable to the Board of Directors and Government. He will also be responsible for the efficient functioning of the corporation, and for achieving its corporate objectives and performance parameters.

About the Container Corporation of India Limited (CONCOR)

Container Corporation of India Limited (CONCOR) is a state-owned enterprise that provides container transportation and logistics services in India. It was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

CONCOR is the largest container transportation company in India, with a network of 61 ICDs/CFSs (Container Freight Stations) across the country. It also operates a fleet of 1,200 locomotives and 10,000 wagons. CONCOR provides a range of container transportation services, including:

• Inland container transportation by rail
• Container handling at ports and ICDs
• Container freight station (CFS) operations
• Container leasing and repair
• Container freight forwarding
• Warehousing and cold storage

Important takeaways for all competitive exams:

• Headquarters of Container Corporation of India (CONCOR): New Delhi, ‎India

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