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Mr Ajeet Agarwal appointed as new CMD of REC

Power News - Published on Mon, 18 Mar 2019

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Economic Times reported that state owned power sector financier Rural Electrification Corporation announced the government has assigned additional charge of the post of Chairman and Managing Director of the company to Mr Ajeet Agarwal with effect from March 6, 2019. He will replace Mr PV Ramesh who was appointed as the Director General of the National Archives of India earlier this month. Mr Agarwal has been the Director-Finance of the company since August 2012. He is a Fellow Member of the Institute of Chartered Accountants of India with 35 years of experience in Public Sector Undertakings. He is responsible for formulating financial strategies at REC.

The company said that “He looks after financial management and operations of the organization including financial planning, formulation of financial policy, mobilization and management of resources.”

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Posted By : Sanju Moirangthem on Mon, 18 Mar 2019
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