PTC India Financial Services, a leading non-banking financial company, has appointed Mr. S. Siva Kumar as the Executive Director (Credit) in a slew of new appointments aimed at pushing the company towards its aim of decent growth and value to its stakeholders.
Mr Kumar is part of the newly -appointed leadership team set to propel the company to new heights. In his role, he will be formulating PFS' credit strategy and set up relevant operating systems, processes and procedures for the company in its long-term sustainability plans as a prime lender in the sustainable green infrastructure financing in India. The company already has a strong presence in renewable energy and contemplating to become a leader in sunshine sectors like E-mobility, Water Sewage Treatment Plants, Energy Efficiency projects, E-vehicle Charging stations etc.
Mr. Kumar, a former Chief General Manager (CGM) of India Infrastructure Finance Company Ltd, and Exbanker, has diversified experience in Infrastructure Project appraisals, Syndication, Risk Analysis and Mitigation, Working Capital financing, Venture Capital Financing, Restructuring and asset reconstruction and recovery.
Welcoming Mr Kumar to team PFS, MD & CEO of the Company Dr. Pawan Singh said: "Mr Kumar's proven track record will help us in achieving our growth objectives with quality portfolio; we continue to provide innovative solutions in sustainable finance with additionally to our customers and partners. We believe our team will be leading the company to expand its business by contributing not only in economic development but also with value to our stakeholders. The projects funded by us would become great contributor in preserving our environment by reducing millions of tons of carbon emission and support in mission of protecting our planet from global warming."
Shares of PTC India Financial Services Limited was last trading in BSE at Rs. 13.68 as compared to the previous close of Rs. 14.01. The total number of shares traded during the day was 77031 in over 584 trades.
The stock hit an intraday high of Rs. 14.02 and intraday low of 13.61. The net turnover during the day was Rs. 1056242.00.