REC Ltd Appoints Rajesh Kumar as Director (Finance) for Five Years

REC Ltd, a CPSE engaged in engineering and project consultancy, has appointed Rajesh Kumar as Director (Finance) for a period of five years. Kumar, a seasoned finance professional with over 30 years of experience, is a Chartered Accountant and Cost & Management Accountant. He has served REC Limited for over 20 years, demonstrating exceptional leadership in finance and resource mobilization. His tenure at REC has been marked by the introduction of innovative bond structures, expansion of the investor base, and reductions in the overall cost of borrowings. He has also overseen multilateral funding, Asset Liability Management, ESG projects, and IT transformation within the organization.