New Delhi: The Appointments Committee of the Cabinets (ACC) has approved the appointment of Parminder Chopra as Director (Finance) of Power Finance Corporation (PFC) Limited, a Navratna PSU under the Ministry of Power, on Tuesday. According to an order issued by AAC, Chopra has been appointed on the post for a period of five years with effect from the date of her assumption of charge of the post on or after 01.072020, or till the date of her superannuation, or until further orders, whichever is the earlier. She is currently serving as Executive Director (Finance) in the same organisation.
Parminder Chopra has been appointed as Director (Finance) of PFC for a period of five years. She is currently serving as Executive Director (Finance) in the same organisation
According to an earlier report of PSU Watch, Chopra was recommended for the post of Director (Finance) of PFC by a PESB panel. She was selected from a list of eight candidates, who were interviewed by the selection panel.
PFC is under the administrative control of the Ministry of Power. PFC has been named Asia's most trusted companies for 2019 by IBC. PFC was given the coveted title based on comprehensive research conducted by IBC, a division of the international brand consulting corporation bases in the USA. PFC has been conferred the title of a 'Navratna CPSE' in June 2007 and was classified as an Infrastructure Finance Company by the RBI on July 28, 2010. PFC is playing a crucial role in the rise of India as a global player.