Shantanu Roy recommended as the next CMD of BEML Limited
Shantanu Roy has been recommended as the next Chairman and Managing Director (CMD) of BEML Limited, a Miniratna PSU under the Ministry of Defence. The Public Enterprises Selection Board (PESB) panel selected him for the position from a list of three candidates, all of whom were from BEML Limited. Roy is presently serving as Director (Mining & Construction Business) in the same organization and has over 30 years of extensive experience in capital goods sectors for defense, mining & construction, transportation, transmission, renewable, and large power projects.
Roy’s experience and qualifications
Roy holds a graduate degree in electrical engineering from NIT-Raipur and an MBA in Financial Management. He has served as Executive Director of BEML Limited, responsible for the international business division, strategy & new initiatives, coordination, and northern region operations, before assuming his current position in February 2023. As a six sigma black belt certified professional, he is well-versed in various models of project financing, mechanisms and processes for financial closure of large projects, international laws, arbitration rules, international legal & arbitration cases, and statutory & legal compliances.
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