♦ The Public Enterprises Selection Board (PESB) has recommended Ashok Kumar Panda for the post of Chairman and Managing Director (CMD) of of Steel Authority of India Limited (SAIL) on 28 March 2026. Currently he is Director (Finance) at SAIL. 

♦ The position will fall vacant after the tenure of the current CMD, Amarendu Prakash, ends on April 2, 2026. Prakash had assumed charge as SAIL Chairman on May 31, 2023.

♦ The final appointment will be subject to approval by the Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi, which clears all top-level PSU appointments.