Government invites applications for Power Finance Corporation top post
"Public Enterprises Selection Board (PESB) invites application for the post of Chairman and Managing Director (CMD), Power Finance Corporation Ltd (PFC)," the government headhunter said.
Government's headhunter PESB has invited applications for the post of CMD at state-owned Power Finance Corporation (PFC).
The company's current head M K Goel will retire in September next year, sources said.
"Public Enterprises Selection Board (PESB) invites application for the post of Chairman and Managing Director (CMD), Power Finance Corporation Ltd (PFC)," the government headhunter said.
"Last date of receipt of applications... is December 9, 2015," it added. Goel who was Director (Commercial) of PFC was given the additional charge as CMD in September 13, 2013. He was formally appointed as Chairman and Managing Director on January 22 this year.
The government had appointed Goel as CMD "for a period of five years or till his superannuation, whichever is earlier," PFC had said in a release earlier.
"He has been holding the additional charge of CMD, PFC w.e.f. 13th September 2013 in addition to his regular charge of Director (Commercial), PFC," the company had said.
Goel has been with PFC for more than 26 years.
PFC, an infrastructure finance company, is engaged in providing financial assistance to state power utilities for meeting the financial and development requirements of the power sector.