Rajesh Kumar Agarwal Appointed as Director (Finance) of Power Finance Corporation Limited (PFC)

April 2026 : The Govt. of India has appointed Shri Rajesh Kumar Agarwal as Director (Finance) at Power Finance Corporation Limited (PFC), effective 23 rd April, 2026. Before this appointment, he was Executive Director (Finance) at PFC since 1 st January, 2024. 

Shri Agarwal has a distinguished career spanning over 31 years in the Power and Financial sectors. He holds a Bachelor’s degree in Commerce (Honours) and is a Member of the Institute of Cost Accountants of India. In his career at PFC since 2009, he managed various cross-functional teams and earned diversified experience in the areas like Corporate Accounts, Taxation, Fund Management & Banking, Lending Policy Compliance, Restructured Assets Management, Fund Raisings and Loan Disbursement. He has been instrumental in spearheading digital reforms and worked extensively towards excellence in financial reporting. He is also a distinguished Speaker at various Professional forums.

Prior to joining PFC, he has a rich experience in other Power Sector Companies like NTPC, NPCIL & DTL handling core finance functions along with other key areas like Tariff Matters, PPA Negotiations & Implementation of Ahluwalia Committee Reforms in Power Sector.