New Delhi: Sandeep Kumar is set to be the next Director (Finance) of Power Finance Corporation (PFC) Limited, a Maharatna PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. Presently, he is serving as Executive Director (Finance) in the same organisation.
Kumar has been recommended for the post of Director (Finance) of PFC from a list of 12 candidates, who were interviewed PESB selection panel in its selection meeting held on March 12. Out of 12 candidates, four candidates were from PFC, three from REC and one each from IREDA, CONCOR, Indian Strategic Petroleum Reserves Limited (ISPRL), MSTC and Maharashtra State Electricity Distribution Company Limited (MSEDCL).
As Director (Finance) of PFC, Kumar is a member of the Board of Directors and reports to Chairman and Managing Director (CMD). He will be overall in charge of the finance and accounts of the organisation and is responsible for evolving and formulating policies related to finance and accounts as well as implementation.
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