Ajeet Agarwal takes additional charge of REC Limited CMD

New Delhi: Power Ministry has assigned additional charge of CMD, REC Limited to Ajeet Kumar Agarwal, Director (Finance) with effect form March 6, 2019. Agarwal, alumni of Shri Ram College of Commerce, University of Delhi, has been the Director (Finance), REC since August 1, 2012. He is a Fellow Member of the Institute of Chartered Accountants of India with more than 35 year experience in Public Sector Undertakings. He is responsible for formulating financial strategies and plans to enable REC in achieving its vision. He looks after the Financial Management and Operations of the organization encompassing financial planning, formulation of financial policy, mobilization and management of resources. He also supervises treasury functions, lending operations, advises on corporate risk management matters and liaising with domestic & international financial institutions, investors and capital market players.