StockWatch
·
Financial Institution
Management Change2 Jun 2026, 03:54 pm

Shri V. Packirisamy Assumes Director (Commercial) Charge at PFC

AI Summary

Power Finance Corporation Ltd (PFC) announced that Shri V. Packirisamy has assumed the charge of Director (Commercial) on its Board, effective June 2, 2026. This appointment was made by the Ministry of Power, Government of India. Shri Packirisamy brings over 33 years of experience in the power sector, with a background in credit appraisal, financial analysis, and IT transformation within PFC. He is not debarred from holding a directorship by any regulatory authority.

Key Highlights

  • Shri V. Packirisamy appointed Director (Commercial) at PFC.
  • Effective date of assumption of charge is June 2, 2026.
  • Appointee has over 33 years of experience in the power sector.
  • Background includes credit appraisal, financial analysis, and IT transformation.
  • Director is not debarred by any regulatory authority.