New Delhi: Rajesh Kumar Dwivedi has assumed charge as Director (Finance) of Bharat Heavy Electricals Limited (BHEL), Maharatna Public Sector engineering and manufacturing enterprise. Prior to this, he served as General Manager & Head of Corporate Finance in BHEL. He is a distinguished Fellow Member of the Institute of Cost Accountants of India and also holds a Master's degree in Business Administration (MBA).
Dwivedi joined BHEL as Executive Trainee (Finance) in 1992 and brings with him rich and diverse experience of more than 32 years across various verticals encompassing business strategies, manufacturing and project construction in the power sector along with board level exposure of holding additional charge of Director (Finance) in Heavy Engineering Corporation Limited, Ranchi since September 2022.
He has demonstrated his leadership in the areas of operations while heading the finance function at major units of BHEL. Notably, Dwivedi also exhibited his consistent target-oriented approach and steered through tough times of the company by directing the operations towards augmenting its top line as well as the bottom line.
He has been instrumental in ideation of new concepts like Central Procurement Cell, New Business Models, Innovative Ordering Strategies, etc. which has already started reaping benefits for the company. His continuous focus on cost leadership through budgetary & cost controls and strong customer engagement led to strengthening of BHEL finances, instilling confidence in the stakeholders of the company. His clear vision and strong conviction coupled with sound business acumen and financial prudence played an important role in uplifting the level of operations of the company.
He has been instrumental in promoting the cost management profession in the country through his active association at all levels of his mother institution i.e. The Institute of Cost Accountants of India.
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