NEW DELHI: Sipan Kumar Garg is set to be next Director (Finance) of THDC (India) Limited, a PSU under the Ministry of Power. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. Presently, he is serving as Additional General Manager (Finance) in NTPC Limited.

Garg has been recommended for the post of Director (Finance) of THDC from a list of nine candidates, who were interviewed by the PESB panel in its selection meeting held on March 19. Out of nine candidates, four candidates were from THDC, two candidates from NTPC and one each from REC Limited, SJVN Limited and Indian Strategic Petroleum Reserves Limited.

Garg is an Associate Chartered Accountant (Finance & Accounts) from the Institute of Charted Accounts of India. He is also a member of the Institute of Company Secretaries of India (ICSI).

As Director (Finance) of THDC, Garg will be a member of the Board of Directors and will report to the Chairman and Managing Director (CMD). He will be overall in charge of the finance and accounts of the organisation. He will also be responsible for evolving and formulating policies related to finance and accounts as well as implementation.