New Delhi, The government has appointed Sandeep Kumar as Director (Finance) in Power Finance Corporation Limited (PFC) with effect from July 11, 2024.

Prior to this appointment, he was Executive Director (Finance) at PFC since January 1, 2020 and held the position of Chief Financial Officer (CFO), PFC said in a statement.

"Government of India appointed Sandeep Kumar as Director (Finance) in Power Finance Corporation Limited (PFC) with effect from July 11, 2024," it said.

Sandeep Kumar has a distinguished career spanning over 34 years in the power and financial sectors. He holds a Bachelor's degree in Commerce (Hons.) and is a Fellow Member of the Institute of Chartered Accountants of India.

He played a key role in the successful implementation of the Rs 1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector, a key initiative under the Atmanirbhar Bharat program of the Government of India.