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CMA of the Year 2024: Kamal Nath Thakur of NTPC Honored for Exemplary Public Sector Leadership & Transformative Role in Finance

Recognized for Over Three Decades of Service and Financial Excellence Across Strategic Sectors.
Indian Masterminds Stories

New Delhi: In a proud moment for India’s public sector, Sh. Kamal Nath Thakur, Additional General Manager (Finance) at NTPC Ltd, was conferred with the ‘CMA of the Year Award 2024’ during a grand ceremony hosted at Vigyan Bhawan, New Delhi.

The prestigious award was presented by Mr. Bhartruhari Mahtab, Hon’ble Member of Parliament and Chairman of the Standing Committee on Finance, in the presence of the President of the Institute of Cost Accountants of India (ICMAI) and several other dignitaries from the government and corporate sectors.

Honoring Financial Vision in the Power Sector
Mr. Thakur was recognized for his outstanding contribution to the field of cost and management accounting and for bringing financial innovation, transparency, and cost-efficiency to critical public sector undertakings. With over 30 years of experience spanning the mining, fertilizer, and power sectors, he has been instrumental in implementing value-based financial strategies and performance benchmarking mechanisms across government enterprises.

Words of Gratitude and Dedication
In his acceptance speech, Mr. Kamal Nath Thakur expressed heartfelt gratitude to ICMAI and dedicated the award to his father.

“I dedicate this award to my father who always stood with me in shaping my career. I remain committed to fostering innovation and value-centric financial management within India’s public sector.”

ICMAI’s Annual Celebration of Excellence
The award was part of ICMAI’s annual recognition ceremony, which celebrates individuals who have demonstrated leadership and excellence in the cost and management accounting profession. The event drew participation from across industries, academia, and government bodies, highlighting the role of finance professionals in national economic growth.

NTPC
NTPC Kaniha, part of the NTPC group, is one of India’s prominent thermal power plants, known for its focus on operational excellence and environmental responsibility. The recent awards reinforce its position as a leader in adopting sustainable energy practices while minimizing environmental impact.


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