Major Retirements of CMDs and MDs in PSUs Due in 2026

Around two dozen top executives of major Public Sector Undertakings (PSUs) are set to retire in 2026 as their tenures conclude across different months of the year.

Jan 31, 2026 - 11:51
Jan 31, 2026 - 11:56
Major Retirements of CMDs and MDs in PSUs Due in 2026
Several CMDs and MDs of leading PSUs including GAIL, NTPC, HAL, Powergrid and IRCTC are set to complete their tenures in 2026, prompting leadership transitions.

The tenures of nearly two dozen Chairmen-cum-Managing Directors and Managing Directors of major Public Sector Undertakings are scheduled to end in 2026, triggering a series of leadership changes across sectors. Key exits include Jai Prakash Dwivedi of WCL in January, Sandeep Kumar Gupta of GAIL and Vartika Shukla of EIL in February, R K Tyagi of Powergrid in March, and senior leaders from HAL, NTPC, CONCOR, IRCTC and others through the year, making 2026 a significant transition period for PSU leadership.