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Business Economy


Parminder Chopra takes charge as PFC Director (Finance)

Parminder Chopra takes charge as PFC Director (Finance)

New Delhi, Jul 1 (UNI) Government-owned Power Finance Corporation (PFC), India's leading NBFC, on Wednesday announced the appointment of Parminder Chopra as Director (Finance) of the company.

She succeeds Mr N B Gupta, who superannuated on June 30.



Ms Chopra was working as Executive Director (Finance) at Power Finance Corporation (PFC) before assuming charge as Director (Finance), PFC.

With over 32 years of rich and varied experience, she specializes in handling crucial and core finance functions such as fund mobilisation, corporate accounts, banking & treasury, asset-liability management and stressed asset resolution.



Before joining PFC, she was associated with key organizations in the power sector like National Hydroelectric Power Corporation of India (NHPC) and Power Grid Corporation of India (PGCIL).

Ms Chopra, who joined PFC in 2005, spearheaded the key initiative to diversify PFC's fund mobilisation to international markets that allowed the lender to raise money at lower costs.

With her focussed approach, share of fund mobilisation in foreign currency grew from a meagre 2 per cent to 15 per cent within a short span of 2 years.



She also serves as Director on the Board of Coastal Tamil Nadu Power Limited and Cheyyur Infra Limited.

UNI RSA SHK1625

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