Team News Riveting
New Delhi, March 20
The Chairman and Managing Director (CMD) of state-owned Power Finance Corporation (PFC) Ltd, Parminder Chopra has been bestowed additional charge to head REC Limited.
“The competent authority has decided to assign the additional charge of the post of Chairman & Managing Director, REC Ltd to Smt. Parminder Chopra, CMD, Power Finance Corporation Ltd. with immediate effect in addition to her existing duties and functions i.e. CMD, Power Finance Corporation Ltd. for a period of three months or until further orders, whichever is earlier,” a government communication said.
In August 2023, Parminder Chopra took over as its first full-time women CMD of PFC. She has over 37 years of varied experience in the Power and Financial Sector.
In PFC, she headed key finance functions, including resource mobilisation (domestic and international markets), banking, treasury, asset liability management and stressed asset resolution. Her prior experience includes service in power sector majors like NHPC Limited and Power Grid Corporation of India Limited.
Parminder Chopra holds a Bachelor’s degree in Commerce from Delhi University and is a qualified Cost and Management Accountant. She also has a Post Graduate Diploma in Business Management. She has attended advanced programmes on Risk Management and Global Management in world-renowned institutes — Harvard University, US, and the European School of Management.
