Parminder Chopra takes over as CMD of Power Finance Corporation

In a historic move, the Government of India has appointed Parminder Chopra as the Chairman and Managing Director (CMD) of Power Finance Corporation Limited (PFC), effective from August 14, 2023. This decision marks a significant milestone as Parminder Chopra becomes the first woman to lead India’s largest Non-Banking Financial Company (NBFC).

Previously, Parminder Chopra had been holding the additional charge of CMD since June 1, 2023. Her journey with PFC began in 2020 when she assumed the role of Director (Finance). With over 35 years of diverse experience in the power and financial sectors, her appointment is seen as a testament to her exceptional leadership and expertise.

Parminder Chopra’s notable accomplishments include her instrumental role in the successful implementation of the INR 1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector, a pivotal part of the Atmanirbhar Bharat initiative by the Government of India.

Throughout her career, Parminder Chopra has held key positions in major players of the power sector, such as NHPC Limited and Power Grid Corporation of India Limited. Under her leadership, Power Finance Corporation Limited is expected to witness new milestones and achieve greater heights in its endeavors.

Disclaimer: The views expressed in this feature article are of the author. This is not meant to be an advisory to purchase or invest in products, services or solutions of a particular type or, those promoted and sold by a particular company, their legal subsidiary in India or their channel partners. No warranty or any other liability is either expressed or implied.
Reproduction or Copying in part or whole is not permitted unless approved by author.


Please enter your comment!
Please enter your name here

Latest Articles

Sign Up for CXO Digital Pulse Newsletters

Sign Up for CXO Digital Pulse Newsletters to Download the Research Report

Sign Up for CXO Digital Pulse Newsletters to Download the Coffee Table Book

Sign Up for CXO Digital Pulse Newsletters to Download the Vision 2023 Research Report

Download 8 Key Insights for Manufacturing for 2023 Report

Sign Up for CISO Handbook 2023

Download India’s Cybersecurity Outlook 2023 Report