B.B. Pattanaik, MD, CWC Superannuates today

Sarkaritel
By Sarkaritel September 30, 2014 10:55

B.B. Pattanaik, MD, CWC Superannuates today

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30md_cwcNew Delhi, Sept 30 : B.B. Pattanaik, Managing Director, Central Warehousing Corporation (CWC), who joined as MD, CWC on 1.7.2008, is retiring today on attaining the age of superannuation and after putting more than 35 years of service in the CPSEs. Pattanaik joined CWC in February 1979 and held various senior positions such as Regional Manager, Personnel Manager, Commercial Manager and Executive Director (Personnel) in CWC.

Pattanaik also worked as Joint Commissioner (Storage & Research), Department of Food & Public Distribution, GOI from January 1998 to April 2002 and as Chairman & Managing Director, National Seeds Corporation Ltd (NSC) from September 2004 to June 2008. During the tenure of Shri Pattanaik as CMD, NSC was turned around from a loss making CPSE to a profit making and dividend paying one. CWC also made great strides during the tenure of Shri Pattanaik with the highest turnover of Rs.1528 crore, PBT of Rs.256 crore, PAT of Rs.161 crore and dividend @ 48% during 2013-14.

Pattanaik is succeeded by Shri Harpreet Singh, Director (P&S), CONCOR, who will be joining CWC on 1.10.2014.

Sarkaritel
By Sarkaritel September 30, 2014 10:55