Govt approves appointment of Ghanshyam Sharma as Director (Finance) of HCL

New Delhi: The Central Government has cleared the appointment of Ghanshyam Sharma for the post of Director (Finance) of Hindustan Copper Limited (HCL) on Monday. HCL is a Miniratna PSU under the Ministry of Mines.

According to an order issued from the Department of Personnel & Training (DoPT) on January 30, the Appointments Committee of the Cabinet (ACC) has approved the appointment of Sharma as Director (Finance) of HCL for a period of with effect from the date of his assumption of charge of the post till the date of his superannuation i.e. May 31, 2025, or until further orders, whichever is earlier. Presently, Sharma is serving as Director (Finance) in Mineral Exploration Corporation Limited (MECL), also a PSU under the Ministry of Mines.

Sharma was recommended for the post of Director (Finance) of HCL by the Public Enterprises Selection Board (PESB) on June 4, 2022. He was selected for the post from a list of three candidates, who were interviewed by the PESB panel in its selection meeting.

Ghanshyam Sharma is a Chartered Accountant. He has work experience of more than 30 years in audit and working of various PSUs engaged in the field of finance, engineering, telecommunication, power, consultancy, construction and paper, etc. He has worked in different capacities in varied PSUs like Telecom Consultants (India) Limited (TCIL), Nuclear Power Corporation Limited (NPCIL) and Hindustan Newsprint Limited (HNL). He has vast experience in the project management of power and telecom projects.

Besides, he has got exposure in the field of financing of projects, i.e. raising of funds through the issue of bonds, term loan, cash credit etc. from banks and suppliers' credit etc. He was widely travelled and served in India & abroad like the Kingdom of Saudi Arabia, Qatar and Afghanistan besides special assignments with the United Nations.

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