Team News Riveting
Raipur, January 25
Director (Finance) of South Eastern Coalfields Limited (SECL) S M Choudhary has been adjudged as the best CFO.
The Institute of Chartered Accountants of India in its 15th ICAI Awards in the category of major corporate conferred the prestigious award to Choudhary, a qualified Chartered Accountant, Cost and Management Accountant and Company Secretary with over three and a half decades of experience in the coal industry.
The award recognizes his exemplary excellence and outstanding contribution in the field of financial management and is the most distinguished laurels for finance professionals at the helm of the corporate world as recognition of their contribution to their company’s growth and the nation’s economy.
Prior to taking charge as Director (Finance) of SECL, Choudhary was serving as Director (Finance) in Western Coalfields Limited (WCL) since March 3, 2016. He was also holding the additional charge of Director (Finance) of SECL between December 28, 2018, and April 4.
Along with rich academic qualifications, he has also completed the certified course in International Financial Reporting Standards (IFRS) and Indirect Tax from the Institute of Chartered Accountants of India.
Choudhary began his career with Central Coalfields Limited, Ranchi and worked at different levels. He had also served as General Manager (Finance) at the Coal India Limited (CIL), a Maharatna PSU under the Ministry of Coal. He is a recipient of Special Achievement Award by CIL for formalities of Unique Financial Scheme related to mine closure plan. He was conferred with Best CFO Award in PSU Category by the Institute of Chartered Accountants of India in its 11th ICAI Awards, 2017.
SECL is the largest coal-producing company in India and a flagship arm of the state-run Coal India Limited (CIL). The company has its’ headquarter at Bilaspur (Chhattisgarh) and operates 92 mines spread over Chhattisgarh and Madhya Pradesh; 70 underground, 21 opencast, and 1 mixed. It is a schedule ‘B’ Mini Ratna CPSE of coal and lignite.