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Parminder Chopra takes Over as CMD of PFC

Parminder Chopra has been appointed as Chairman and Managing Director (CMD), of Power Finance Corporation Limited (PFC) by Govt. of India w.e.f. 14th August, 2023.

  • Previously, she was holding the additional charge of Chairman and Managing Director (CMD), w.e.f 01.06.2023 and was Director (Finance), PFC since 01.07.2020.
  • Chopra becomes the first woman to lead India’s largest NBFC, PFC. 
  • During her term as Director (Finance), she spearheaded the Finance Division, leading to highest Net Profit, highest Net worth and lowest NPA levels.
  • Such robust financial performance has also facilitated PFC getting the highest status of “Maharatna”. She had also played a key role in the successful implementation of INR 1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector, which was rolled out as part of Atmanirbhar Bharat initiative by Govt. of India.

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