PFC board clears RS Dhillon’s appointment as CMD from June 1

New Delhi: State-run Power Finance CorporationNSE -2.72 % (PFC) on Friday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director from June 1 following superannuation of Rajeev Sharma this month. The board of PFC in its meeting held on Friday approved the appointment of Dhillon as CMD of the company in pursuance of an order of the Power Ministry issued in this regard on April 7, 2020, the power sector financier said in a statement.

Dhillon’s appointment as Chairman and Managing Director will be with effect from the date of assumption of charge of the post on or after June 2020, it said.

He would hold the post till the date of his superannuation (May 31, 2023) or until further orders, the company said.

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