New Delhi: Nazhat J Shaikh is set to be the next Director (Finance) of Rashtriya Chemicals & Fertilizers (RCF) Limited, a PSU under the Ministry of Chemicals and Fertilizers. She has been recommended by a penal of Public Enterprises Selection Board (PESB), a head hunter body for PSUs, on August 9. She is currently serving as Executive Director in the same Fertilizer PSU. Currently, Umesh Dongre is serving as Director (Finance) of RCF Ltd but he is set to superannuate on December 1.

Shaikh has been recommended for the post of Director (Finance) of RCF, from a list of six candidates, who were interviewed by the selection panel. Other candidates who were on the list were National Fertilizers Limited (NFL), HLL Lifecare Limited (HLL), Brahmaputra Cracker and Polymer Ltd (BCPL), Pashchim Gujarat Vij. Co. Ltd. (PGVCL) and Transrail Lighting Limited.

As Director (Finance) of RCF, Shaikh will be a member of the board of directors and will report to the Chairman and Managing Director (CMD). She will be the overall in-charge of finance and accounts functions of the organisation and will be responsible for evolving and formulating related policies and their implementation, including financial planning, budgeting, costing, financial control, preparation of financial statements in compliance with corporate norms and statutory requirements.

Rashtriya Chemicals & Fertilizers (RCF) Ltd is a Public Sector Undertaking (PSU) in India under the Ministry of Chemicals and Fertilizers of the Government of India, based in Mumbai. RCF is the fourth-largest producer of fertilizers in India after IFFCO, NFL and KRIBHCO. Its manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals.

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