Must Read

REC: Ajoy Choudhury appointed as Director, Finance

By IndianMandarins- 02 Jun 2020
309

rec-ajoy-choudhury-appointed-as-director-finance

REC Limited, a Government of India Navratna PSU and one of India’s largest power financiers, has announced the appointment of Ajoy Choudhury to the post of Director (Finance) with effect from 1st June,  2020 upon the superannuation of the outgoing Director (Finance) Ajeet Kumar Agarwal.

 

Choudhury brings with him over 33 years of experience working across various functions in the power sector. Prior to joining REC, he worked with PGCIL and NHPC Limited. In his 14 years with REC Limited, he has handled a gamut of finance portfolios including loans & recovery, international finance, corporate accounts, treasury, taxation and resource mobilization. He has been instrumental in raising finances from international agencies like the World Bank, Asian Development Bank, German Bank of Reconstruction & Development (KfW), etc.

 

In addition to the current role, he is also a nominee director on the board of REC-PDCL, a wholly-owned subsidiary of REC Limited, and TRN Energy Pvt. Ltd., a subsidiary of ACB (India) Power Limited.

free stat counter

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.