Rajeev Sharma has taken over as the Chairman and Managing Director of state-run Power Finance Corporation (PFC) with effect from today.
Sharma succeeds M K Goel who retired on September 30, 2016 on attaining the age of superannuation.
Prior to joining PFC, Sharma was the CMD of Rural Electrification Corporation (REC). Under his leadership, REC scaled greater heights in excellence by doubling the revenue and profits in the last five years.
He is considered the architect of Government’s flagship schemes like Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), the company said in a statement.
Sharma holds B Tech (Electrical) and Masters Degree in engineering from IIT Roorkee and also an MBA degree from FMS, Delhi University.
He has more than 30 years of experience and has served in various positions in Central Electricity Authority (CEA), Power Grid Corporation & PFC (as Director, Projects).