New Delhi: Arvind Kumar is set to be next Director (Finance) of National Fertilizers Limited (NFL), a PSU under the Ministry of Chemicals and Fertilizers. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on December 6. Presently, he is serving as General Manager at Indian Oil Corporation Limited (IOCL).
Kumar has been recommended for the post of Director (Finance) of NFL from a list of five candidates, who were interviewed by the PESB panel in its selection meeting held on December 6. Among those interviewed were senior finance executives from several leading PSUs, including NBCC (India) Limited, NLC India Limited, NTPC Limited, Bharat Heavy Electricals Limited (BHEL) and Indian Oil.
As Director (Finance) of NFL, Kumar will be a member of Board of Directors and will report to the Chairman and Managing Director (CMD). He will be overall in-charge of finance, account functions and fund management of the organisation. He will be responsible for evolving and formulating related policies & their implementation including strategic & operational financial planning, like accounts, budgeting, costing, financial control, preparation of financial statements in compliance with corporate norms and statutory requirements.
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