The Public Enterprises Selection Board (PESB) has recommended V Packirisamy for appointment as Director (Commercial) of Power Finance Corporation Limited (PFC). The recommendation was made following interviews conducted by the PESB on February 9, 2026. He is currently serving as Executive Director (Entity Appraisal and IT), Power Finance Corporation Limited.
The position will fall vacant upon the retirement of the incumbent Director (Commercial), Manoj Sharma, on March 31, 2026. Sharma has been holding the post since August 26, 2022, after being selected by the PESB from a panel of eight candidates and subsequently approved by the Appointments Committee of the Cabinet (ACC).
A total of ten candidates were considered for the post of Director (Commercial) at PFC. These included
- Rajeev Kumar Chaturvedi, Executive Director, Power Finance Corporation Limited
- V Packirisamy, Executive Director (Entity Appraisal and IT), Power Finance Corporation Limited
- Ali Shah, Executive Director (Entity Appraisal-II, Learning and Development and Rajbhasha), Power Finance Corporation Limited
- Hemant Kumar Das, Executive Director (Projects), Power Finance Corporation Limited
- Pawan Kumar, Executive Director and Chief Compliance Officer, Power Finance Corporation Limited
- Saurabh Rastogi, Executive Director and Chief Executive Officer, REC Power Development & Consultancy Limited
- Jasneet Guram, Executive Director, Power Finance Corporation Limited
- Surendra Kumar Sharma, Executive Director (Finance), Indian Renewable Energy Development Agency Limited
- Ragini Advani, Director (Finance), IRCON International Limited
- Pravin Dongre, Executive Director (SDNZ & HSE), Indian Oil Corporation Limited
With the PESB recommendation now in place, the appointment of V Packirisamy will be subject to further approvals from the competent authority.
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