Shri Sandeep Kumar has been appointed as Director (Finance) at Power Finance Corporation Limited (PFC), effective 11 July 2024. Prior to this role, he served as Executive Director (Finance) and Chief Financial Officer (CFO) at PFC. With a career spanning over 34 years in the power and financial sectors, Shri Kumar is highly experienced in areas such as fund mobilization, cash management, asset-liability management, lending operations, stressed asset management, policy formulation, tax planning, and financial accounting.
His leadership has been instrumental in advancing PFC’s initiatives, particularly the successful implementation of the INR 1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector, which is a major part of the Government of India’s Atmanirbhar Bharat program. Shri Kumar’s diversified expertise also extends to managing the non-capex loan portfolio, executing government schemes like LIS and LPS, and furthering PFC’s Environmental, Social, and Governance (ESG) initiatives.
IndianBureaucracy.com wishes Shri Sandeep Kumar the very best.