G Ravisankar set to be next Director (Finance) of Power Grid

New Delhi: G Ravisankar is set to be the next Director (Finance) of Power Grid Corporation of India Ltd (PGCIL), a Maharatna PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Wednesday. Currently, he is serving as Chief General Manager (Finance) in the same organisation.

Ravisankar has been recommended for the post of Director (Finance) of Power Grid from a list of 10 candidates, who were interviewed by the PESB selection panel on Wednesday. Out of 10 candidates, six candidates, who were on the list, were from Power Grid and one each from Engineers India Limited (EIL), NTPC Limited, Maharastra State Electricity Transmission Company Ltd and Honda Cars India Ltd.

As Director (Finance) of Power Grid, Ravisankar will be a member of the Board of Directors and will report to the Chairman and Managing Director (CMD). He will be the overall in-charge of the Finance and Accounts functions of the organisation and will also 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.

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