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GAIL gets a new Director of Finance

PSU Watch Bureau

New Delhi: Anjani Kumar Tiwari assumed the board position in state-owned Gas Authority of India Limited (GAIL) as Director (Finance) on December 1, 2018. Before taking over the position, Tiwari was the Officer on Special Duty & Executive Director (Finance) in GAIL and was head of Finance and Accounts Department.

Tiwari is a Cost Accountant and has more than 35 years of rich experience in the areas of Project Finance, Corporate Finance, Taxation, Treasury, Corporate Accounts, Capital Budgeting, Finalisation of EPC Contracts etc. "He was in charge of Project Finance at GAIL for handling the prestigious project Jagdishpur — Haldia and Bokaro-Dhamra Pipeline, popularly known as Pradhan Mantri Urja Ganga," a press statement released by GAIL said.

He also holds the position of Director in GAIL Gas Ltd., Green Gas Ltd., Ratnagiri Gas and Power Private Ltd., GAIL Gas (USA) Inc., and GAIL Global (USA) LNG LLC. Besides serving a long tenure at the GAIL, Tiwari was posted as CFO, Brahmaputra Cracker and Polymer Limited (BCPL) during its formative years. During his tenure at BCPL, he was actively involved in project handling, project finance and contract finalization for construction of the project.

He is also actively involved in Investor Relations and interactions with Analysts fraternity. He is an active member of the Institute of Cost Accountants of India and The Institute of Directors. "An avid reader and poet by nature, he also served in National Thermal Power Corporation (NTPC), Satluj Jal Vidyut Nigam Limited (SJVNL) and Cawnpore Chemicals," the statement said.

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