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NBCC: AK Jain assumes charge as Director, Finance

By IndianMandarins- 02 Nov 2024
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New Delhi (02.11.2024): Anjeev Kumar Jain assumed the charge of Director (Finance) of NBCC (India) Ltd, a Navratna CPSE w.e.f. from November 1, 2024. The public-sector headhunter (PESB) selected him for the post in July this year. 
Prior to his appointment in NBCC he served as Executive Director (Finance) at RITES Ltd where he made remarkable contributions in corporate finance, risk management, and project advisory. 
He also served as a Director on the Board of REMC, a subsidiary of RITES with equity participation of Ministry of Railways, involved in procurement of electricity for Indian Railways (IR) under open access and facilitating IR in Net Zero Carbon Initiative. He had also been working as CFO of REMC. During his tenure REMC achieved highest ever performance and also become debt free.
He worked for 15 years in NHPC Ltd and also worked with Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a Schedule ‘A’ Railway CPSE.
He brings with him nearly three decades of extensive experience in finance and accounts across various sectors, including public enterprises and government initiatives.
During his stint as ED (Finance) at RITES the company received Navratna status.
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