Further to STC''s letter dated 27.04.2026, it is to inform that DOC vide Office order no A 12022/20/2019-E-IV dated 29.05.2026 has conveyed that Shri Nitin Kumar Yadav,IAS(HR:2000)AS, DOC ....
STCINDIA · price
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Shri Nitin Kumar Yadav, IAS (HR:2000), Additional Secretary in the Department of Commerce, has been assigned additional charge as Chairman and Managing Director (CMD) of STC Ltd. for one year from 28.04.2026 to 27.04.2027. This appointment is in continuation of a previous order dated 24.04.2025. He already holds CMD positions at MMTC Ltd. and PEC Ltd. simultaneously, making this an additional workload assignment rather than a replacement hire. The order was issued by the Department of Commerce under the Ministry of Commerce & Industry.
This represents a temporary leadership arrangement at the PSU, with an IAS officer holding multiple top positions across trading corporations. While this ensures continuity, the multiple additional charges may raise governance questions about focused leadership at STC.