New Director of Finance Appointed at Goa Shipyard Limited
In a recent announcement from the Ministry of Defence, Government of India, a significant appointment has been made to the executive team of Goa Shipyard Limited (GSL). As per the directive issued from the Department of Defence Production, Shri Jahangeer Alam Ansari has been appointed as the new Director (Finance) of GSL.
This decision is grounded in the stipulations of Article 117 in conjunction with Article 130(a) of the Articles of Association of Goa Shipyard Limited. Shri Ansari, who currently holds the position of Chief General Manager (Finance) at Indian Oil Corporation Limited (IOCL), will transition to his new role under the terms set by the President of India.
The appointment comes with a lucrative compensation package, where Shri Ansari will receive a salary ranging from INR 1,60,000 to INR 2,90,000 on an Industrial DA (IDA) scale. His tenure is set for five years, commencing from the day he assumes office, or until further directives are issued, whichever occurs first.
Further details regarding the terms and conditions of Shri Ansari’s appointment will be disclosed in a separate document. This strategic move aims to bolster the financial management of GSL as it continues to play a pivotal role in India’s defense production sector.
- Position: Director (Finance) of Goa Shipyard Limited
- Appointee: Shri Jahangeer Alam Ansari
- Previous Role: Chief General Manager (Finance), Indian Oil Corporation Limited
- Salary Scale: INR 1,60,000 – INR 2,90,000 (IDA)
- Term: 5 years, effective from the date of assumption of charge
This appointment marks a significant step in further enhancing the operational capabilities and financial governance at Goa Shipyard Limited.


















































