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New Leadership: PESB Picks Rajiv Kumar Sharma for Key Finance Role at Armoured Vehicles Nigam Limited- Know More About Him

Senior BHEL Executive Selected After Rigorous Interview Process Among Nine Candidates; Appointment Aims to Strengthen AVNL’s Financial Leadership
Indian Masterminds Stories

New Delhi: The Public Enterprise Selection Board (PESB) has recommended Mr. Rajiv Kumar Sharma for the position of Director (Finance) at Armoured Vehicles Nigam Limited (AVNL), a Schedule A public sector undertaking under the Ministry of Defence. The decision was finalized during the PESB meeting held on Tuesday, August 26, 2025.

Competitive Selection Process

A total of nine candidates were interviewed for the prestigious role, including senior finance professionals from various leading public sector companies. Among the contenders were:

  • Mr. Ananga Charan Nayak, Director Finance, Sagarmala Finance Corporation Limited
  • Ms. Padma Sarathy, General Manager, Bharat Heavy Electricals Limited (BHEL)
  • Mr. Kamal Nath Thakur, Additional General Manager, NTPC Limited
  • Mr. Om Parkash, Deputy General Manager, Mangalore Refinery & Petrochemicals Limited
  • Mr. Ravi Kumar Ponugumatla, General Manager, NIC India Limited
  • Mr. Himangshu Chakrabarty, Additional General Manager, THDC India Limited
  • Mr. Ramesh Kumar, Additional General Manager, NTPC Limited
  • Mr. Sanjay Sinha, Chief General Manager (Finance & Accounts), GAIL India Limited

Appointment of Rajiv Kumar Sharma

Following a rigorous selection process, Mr. Rajiv Kumar Sharma was chosen for the position. He currently serves as the Additional General Manager for Corporate Internal Audit at Bharat Heavy Electricals Limited (BHEL). His extensive experience in financial management and audit functions is expected to strengthen AVNL’s financial operations.

 About AVNL

Armoured Vehicles Nigam Limited (AVNL) is a Indian public sector undertaking under the Ministry of Defence, established on August 14, 2021, from the former Ordnance Factory Board. Headquartered in Avadi, Chennai, AVNL is a defence PSU that designs, manufactures, and maintains armoured vehicles and other equipment for the Indian armed forces.

Read also: Bharat Dynamics (BDL) Secures Major Anti-Tank Missile Contract Worth Rs809 Crore from AVNL, Boosts Indigenous Missile Production


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