Dredging Corporation picks industry veteran Victor as new MD and CEO
January 01, 2021
Will assume charge on March 1
Dredging Corporation of India Ltd (DCI) has picked industry veteran GYV Victor as its next Managing Director and Chief Executive Officer for a five-year term beginning February 1.
The Board of Mumbai-listed DCI cleared the appointment of Victor, multiple government sources said.
Victor will join on February 1 as a special officer and assume charge as MD and CEO from March 1, the sources said.
This is the first top management appointment at India’s biggest dredging contractor after the company was acquired by four Centre-owned major port trusts in a strategic divestment deal.