New Delhi: State-owned Power Finance Corporation (PFC) has announced through stock exchanges that Mr. Deepak Jain, who is currently serving as Chief General Manager, will assume the role of Chief Risk Officer (CRO) of the company with effect from 1st November 2025 to 15th April 2026.
New Role and Responsibilities
In his new role as CRO, Mr. Deepak Jain will be responsible for overseeing the risk management framework of PFC, ensuring that financial, operational, and strategic risks are effectively identified, assessed, and mitigated. This appointment reflects the company’s commitment to strengthening its risk governance structure amid growing operational and financial complexities.
Previous Experience and Contributions
As Chief General Manager, Mr. Jain was primarily responsible for monitoring and managing business operations in the Northern region, ensuring smooth execution of projects, and maintaining operational efficiency. His extensive experience within the company positions him to handle the critical responsibilities of risk oversight in the coming months.
About Power Finance Corporation (PFC)
Power Finance Corporation (PFC) is a state-owned financial institution under the Ministry of Power, established in 1986. It is India’s leading non-banking financial company in the power sector, providing financial assistance for power generation, transmission, and distribution projects across the country. PFC plays a key role in supporting India’s energy infrastructure growth and sustainable development goals.
Read also: PFC Reports Strong Q2 Performance with 17% H1 PAT Growth, Boosting India’s Energy Financing Sector
