Dredging Corporation of India Appoints Capt. S. Divakar as Managing Director & Chief Executive Officer
Dredging Corporation of India Limited (DCI) announced the appointment of Capt. S. Divakar as Managing Director & Chief Executive Officer, effective March 25, 2026. The Nomination and Remuneration Committee and the Board of Directors approved the appointment at a meeting held on March 23, 2026.Capt. Divakar will serve as an Additional Director until the next General Meeting, expected within three months. Subsequently, shareholder approval will be sought for his regular appointment as a Non-Independent & Executive Director until he reaches the age of 60 years, or until further orders.
Capt. Divakar began his career with DCI in 1987 and served onboard dredgers for approximately 22 years, progressing from Cadet to Captain. He then transitioned to shore service for 16 years, gaining experience in senior management roles. He brings 38 years of experience, encompassing both onboard operations and onshore management, with expertise in the commercial aspects of the business.
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