New Delhi: State-run REC Ltd, a leading public sector enterprise in the power finance sector, has announced a key change in its senior management, one level below the Board of Directors. Mr. Hemant Kumar has been promoted to the position of Executive Director of the company, reflecting his extensive experience and contribution to the organization.
Senior Management Update at REC Ltd
The Public Sector Undertaking (PSU) made the announcement as part of its ongoing efforts to strengthen leadership and operational efficiency. Mr. Hemant Kumar, who previously served as Chief General Manager (Finance & Accounts), will now take on broader responsibilities as Executive Director.
The promotion comes in recognition of Mr. Kumar’s significant contributions to the company’s financial management, accounting systems, and strategic decision-making processes. His experience and expertise are expected to play a crucial role in guiding REC Ltd through its expansion and modernization initiatives.
Educational and Professional Background
Mr. Hemant Kumar holds a Bachelor’s degree in Science with a specialization in Physics (Hons.) and a Master’s degree in Finance. Over the years, he has held various senior positions within REC Ltd, where he has been instrumental in implementing robust financial frameworks, ensuring regulatory compliance, and supporting the PSU’s operational growth.
About REC Ltd
REC Ltd (Rural Electrification Corporation Limited) is a Navratna Public Sector Enterprise under the Ministry of Power, Government of India. It plays a pivotal role in financing and promoting power sector projects across the country, particularly in rural electrification, renewable energy, and infrastructure development. Through strategic leadership and focused initiatives, REC Ltd continues to strengthen India’s power sector while supporting sustainable growth and public sector development.
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