Mining major Coal India on Wednesday said Sanjiv Soni has taken over as its new finance director.Also Read - Stock Sufficient: Coal India Says Production Hiked By 27% In April, Ready To Move To Power Plants Immediately

The post was lying vacant since October 2018 and marketing director SN Prasad was holding additional charge of the portfolio. Also Read - Why Punjab And Haryana Are on The Brink of Power Crisis | EXPLAINED

Soni was the finance director for Eastern Coalfields Ltd prior to taking over the new role. Also Read - CIL to Spend Rs 700 Crore on 40 Rakes to Carry Coal to Power Plants

He is a member of the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India. He has over 32 years of experience and has served the Coal Industry in various capacities, CIL sources said.

Meanwhile, the tenure of South Eastern Coalfields Ltd personnel director RS Jha’s tenure has been extended till January 2021, the sources added.