New Delhi: Parminder Chopra is set to be new Director (Finance) of Power Finance Corporation Limited (PFC), a Navratna PSU under the administrative control of the Ministry of Power. Chopra has been recommended by a Public Enterprises Selection Board (PESB) panel on Friday. She is currently serving as Executive Director in the same organisation.
Chopra has been recommended for the post of Director (Finance) of PFC from a list of eight candidates, who were interviewed by the selection panel. A total of three candidates, including Chopra, who were on the list were from PFC, three were from Rural Electrification Corporation (REC Limited) and others were from Security Printing and Minting Corporation of India Limited (SPMCIL) and Engineers India Limited (EIL).
Power Finance Corporation Limited
PFC is under the administrative control of the Ministry of Power. PFC has been named Asia’s most trusted companies for 2019 by IBC. PFC was given the coveted title based on comprehensive research conducted by IBC, a division of the international brand consulting corporation bases in the USA. PFC has been conferred the title of a ‘Navratna CPSE’ in June 2007 and was classified as an Infrastructure Finance Company by the RBI on July 28, 2010. PFC is playing a crucial role in the rise of India as a global player.