New Delhi: The Public Enterprises Selection Board (PESB) has recommended Kundan Kumar Mishra for the post of Director (Finance) at MMTC Limited, a Schedule A PSU under the Ministry of Commerce & Industry. The recommendation was made during PESB Meeting No. 23/2026 held on Wednesday, March 18, 2026.
Kundan Kumar Mishra: From NTPC to MMTC Leadership
Currently serving as Additional General Manager at NTPC Limited, India’s largest power generation company, Mishra brings extensive experience in finance, corporate management, and public sector operations. His key areas of expertise include:
- Financial planning and budgeting for large-scale power projects
- Corporate finance and cost management
- Strategic decision-making in PSU operations
- Handling complex financial structures and regulatory compliance
Mishra’s strong background at NTPC, a Maharatna PSU, equips him to take on the crucial financial leadership role at MMTC Limited.
Read also: MMTC Appoints Jatinderjit Singh Mann as Director (Marketing) to Strengthen PSU’s Strategic Marketing
Selection Process and Panel Review
Kundan Kumar Mishra was selected from a shortlist of four candidates interviewed by the PESB panel. The candidates included:
- Kamalakanta Nayak – Additional GM (CFO, NTPC Sail Power Co. Ltd), NTPC Limited
- Kundan Kumar Mishra – Additional GM, NTPC Limited
- Anju Thakur – Executive Director (Finance), Housing and Urban Development Corporation Limited (HUDCO)
- Sunil Kumar – Chief Manager (Finance), Central Mine Planning and Design Institute Limited (CMPDIL)
After a rigorous evaluation process in its 23rd meeting, the PESB panel recommended Mishra for his extensive experience in finance and proven track record in public sector operations.
Responsibilities as Director (Finance)
As Director (Finance) of MMTC Limited, Mishra will:
- Be a member of the Board of Directors and report to the Chairman & Managing Director (CMD)
- Oversee the finance and accounts functions of the organization
- Formulate and implement policies relating to finance and accounting
- Ensure financial compliance, transparency, and effective resource utilization
- Drive financial strategy to support MMTC’s operational and growth objectives
His appointment is expected to strengthen MMTC’s financial governance and strategic decision-making, leveraging his expertise from the power and public sectors.
About MMTC Limited
MMTC Limited is one of India’s leading trading companies and a Schedule A PSU under the Ministry of Commerce & Industry. The corporation plays a key role in import-export trade, mineral trading, and commodity marketing, contributing significantly to India’s foreign trade. MMTC operates in sectors such as precious metals, coal, fertilizers, and minerals, and is known for its focus on transparency, compliance, and strategic growth initiatives.
