# 53 CPSEs lack regular CMDs, 70% independent director posts vacant 2026-08-15T03:42:34+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet A parliamentary committee has flagged severe vacancies across government-run companies and the finance ministry’s asset management department. Its report says 53 Central Public Sector Enterprises, including BPCL and BSNL, had no regular chairmen and managing directors as of February 2026. They were being run through additional-charge arrangements. The committee also found 533 of 758 independent director positions vacant, a 70% shortfall. DIPAM had 51 officers against a sanctioned strength of 89, leaving 43% of posts vacant. The panel said the government’s explanation that the Public Enterprises Selection Board handles appointments was procedural and offered no concrete fix. It warned that staff shortages could hinder transactions such as the IDBI Bank sale and CPSE agreements. ## Coverage - hindustantimes.com Tags: BPCL, BSNL, DIPAM, IDBI Bank, Public Enterprises Selection Board Canonical: https://indianopinion.org/53-cpses-lack-regular-cmds-70-independent-director-posts-vacant/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/53-cpses-lack-regular-cmds-70-independent-director-posts-vacant/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.