(ii)
The powers and duties of the Officers and employees
:
The company is managed by the Board of Directors
consisting of Chairman and Managing Director [C&MD],
Director[Finance], Director[Technical] and nominated
Directors from the Government of India, who are part time
non-functional.List
of Directors of Company’s Board is given at
ANNEXURE-‘B’.
The functions and duties of the Directors of the Company are
as follows :
Description of job and responsibilities of Directors
:
1.
Chairman & Managing Director
The Chairman & Managing Director is the Chief Executive of
the Company and is accountable to the Board of Directors.
He is responsible for the effective management and function
of the Company in pursuit of its goals and objectives.
His responsibilities, interalia, include the following :
·
Create a stagic vision for the growth and progress of the
Company.
·
Establish the basic priorities, ethical values, policies,
attitudes within the Company that will boost for personal
involvement and commitment to the strategic vision
throughout the organisation.
·
Undertake programmes for systematically strengthening
management at all levels – by imparting training,
development, motivation, recruitment and delegation.
·
Formulate operating plans that reflect the long terms
corporate objectives.
·
Closely monitor the operating and financial results against
agreed plans and budgets and timely remedial measures in
furtherance of the Company's financial and capability.
·
Provide corporate leadership with a strong conviction, clear
strategic vision, intellectual capacity and management
experience.
·
Effective improvement in company’s safety performance
arising out of its products and operation.
2.
Director[Finance]
Director[Finance], a whole
time director, is a member of the Board of Directors of the
Company. Being a board member, he is a part of the decision
making process. Keeping in view of the vision and mission
of the company for achieving goal set at the corporate
level. Being a functional director, he is a facilitator in
implementing the decisions taken at Board level. Being
expert in finance, he is also responsible for prudent
financial management and its accounting as per the standard
and guidance in vogue. Besides, he is representing the
finance in the Board of Director.
3.
Director[Technical]
Director[Technical] is also a member on the Board of
Directors and reports to C&MD. He oversees Company’s
project activities as well as for existing processing plant
and newly coming up processing plant, expansion schemes,
including feasibility studies, techno-economic evaluations
and planning and implementation of the newly coming up
processing plant. He also looks after all the technical and
engineering services, personnel and administration, required
for the satisfactory performance of various units and
projects of the Company. He assists the C&MD in the
formulation of personnel policies of the Company of
corporate level. He also monitors performance of
Occupational Health and Safety Management System.
