

New Delhi: Rajesh Kumar is set to be next Director (Finance) of REC Limited, a PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Saturday. Presently, he is serving as Executive Director (Finance) in the same organisation.
Kumar has been recommended for the post of Director (Finance) of REC Limited from a list of 12 candidates, who were interviewed by the PESB Selection panel in its selection meeting No. 117/2025 held at 8:30 AM on December 13, 2025.
The list of candidates interviewed included senior executives from major power sector PSUs and infrastructure finance entities. These comprised officials from REC Limited, Power Finance Corporation (PFC), Indian Railway Finance Corporation (IRFC), IRCON International Limited, Container Corporation of India Limited (CONCOR) and the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), among others.
As Director (Finance) of REC Limited, Kumar will a member of the Board of Directors and will report to Chairman and Managing Director (CMD). He will be overall in charge of the finance and accounts of the organisation and will be responsible for evolving and formulating policies related to finance and accounts as well as implementation.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)