PFC, India's leading NBFC, today announced the appointment of Parminder Chopra as Director, Finance of the company. Parminder succeeds N.B. Gupta.
Chopra was working as Executive Director (Finance) at Power Finance Corporation (PFC) before assuming charge as Director (Finance), PFC.
With over 32 years of rich and varied experience, Parminder specializes in handling crucial and core finance functions such as fund mobilisation, corporate accounts, banking & treasury, asset-liability management, stressed asset resolution etc.
Before joining PFC, she was associated with key organizations in the power sector like National Hydroelectric Power Corporation of India (NHPC) and Power Grid Corporation of India (PGCIL).
Chopra, who joined PFC in 2005, spearheaded the key initiative to diversify PFC's fund mobilisation to international markets that allowed the lender to raise money at lower costs. With her focussed approach, share of fund mobilisation in foreign currency grew from a meagre 2% to 15% within a short span of 2 years.
Chopra’s rise from her humble beginning as a Cost Accountant & MBA to the top rank of the Finance function at PFC demonstrates her passion, commitment and hard work.
"Her deep understanding of PFC's operations, strengths and focus areas will surely help the power sector lender excel further and achieve more milestones in the coming days", says the Press release issued by the company.