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Rajesh Kumar Dwivedi, Director (Finance) at BHEL, Honoured with Prestigious ‘CFO Outstanding Performer Award 2024’

Award Recognises Excellence in Cost Management and Value Creation in Public Manufacturing Sector
Indian Masterminds Stories

New Delhi: Rajesh Kumar Dwivedi, Director (Finance) at Bharat Heavy Electricals Limited (BHEL), has been honoured with the esteemed ‘CFO Outstanding Performer Award 2024’ in the ‘Public-Manufacturing–Mega’ category. The accolade was presented by Bhartruhari Mahtab, Hon’ble Member of Parliament (Lok Sabha) and Chairperson of the Standing Committee on Finance, during a ceremony held at Vigyan Bhavan, New Delhi.

Recognised for Transformative Leadership and Financial Excellence

Dwivedi was selected from among the top finance professionals for his pivotal role in steering cost management and implementing innovative financial strategies at BHEL. His efforts have significantly contributed to value creation, operational excellence, and enhanced business performance within the organisation.

With over 32 years of rich and diverse experience, Mr Dwivedi has been a key driver of cost optimisation initiatives and robust risk mitigation frameworks. Under his leadership, BHEL’s financial health has strengthened substantially, bolstering stakeholder confidence and positioning the company for sustainable growth.

About the CMA CFO Award

The CFO Outstanding Performer Award by the Institute of Cost Accountants of India (ICMAI) recognises the exemplary contributions of Chief Financial Officers across various sectors. The award highlights leadership in critical areas such as Cost Management, Value Creation and Preservation, Corporate Governance, Energy Efficiency and Conservation, and Risk Management — essential pillars that drive business performance and sustainability.

About BHEL

Bharat Heavy Electricals Limited is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India, with administrative control under the Ministry of Heavy Industries. Established in 1964, BHEL is based in New Delhi.


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