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Sandeep Kumar Appointed as Director (Finance) of PFC

By IndianMandarins- 11 Jul 2024
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New Delhi (11.07.2024): The Government of India appointed Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited (PFC) effective from July 11, 2024. Before this appointment, he served as Executive Director (Finance) at PFC since 01.01.2020 and was holding the position of Chief Financial Officer (CFO), PFC.
Sandeep Kumar has a distinguished career spanning over 34 years in the power and financial sectors. He holds a Bachelor's degree in Commerce (Honours) and is a Fellow Member of the Institute of Chartered Accountants of India. Throughout his tenure at PFC, he has held various positions within the finance function, consistently demonstrating his expertise and contributing significantly to the company's success and profitability. 
He has been instrumental in managing the non-capex loan portfolio, executing Government Schemes like LIS & LPS, and advancing PFC’s Environmental, Social, and Governance (ESG) initiatives. Sandeep Kumar's pivotal role in the successful rollout of the Rs 1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector, a key initiative under the Government of India's Atmanirbhar Bharat program, is a testament to his leadership and strategic insight.

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