Parminder Chopra is an Indian cost accountant and chairman. As Chairman and Managing Director, she is the first woman to lead Power Finance Corporation Ltd.
Wiki/Biography
From 1984 to 1987, Parminder studied Bachelor of Commerce (Honours) at Hansraj College, University of Delhi. She qualified as a Cost Accountant from the Institute of Cost Accountants of India from 1985 to 1988. She also holds a Postgraduate Diploma in Business Management. She also studied at Harvard University in Massachusetts, USA, and the European School of Management and Technology (ESMT) in Berlin, Germany.
appearance
Height (approximately): 5′5″
Hair Color: Salt and Pepper
Eye color: black
family
Parents and siblings
There is not much information about her parents and siblings.
Signature/Autograph
Parminder Chopra’s signature
Profession
Parminder Chopra has worked with NHPC (National Hydropower Corporation) Limited and Power Grid Corporation of India. She joined Electric Power Finance Corporation in 2005.
Power Finance Co., Ltd.
Power Finance Corporation Ltd is India’s largest non-banking financial company. The company is a state-owned enterprise (owned by the government). From 2005 to 2010, Parminder Chopra served as Deputy General Manager of Power Finance Corporation Ltd. (PFC). From 2010 to 2013, she was promoted to Additional General Manager. In 2013, she was promoted to general manager. In 2019, she was promoted to Executive Director (Finance) and in 2020 to Director (Finance). During her tenure as director, she led PFC’s financial department. Under her leadership, PFC achieved its highest levels of profits and net worth. She also led the company to have the lowest non-performing assets. Under her leadership as director, PFC achieved the highest Maharatna CPSE (Central Public Sector Enterprise) status in 2021.
Parminder Chopra (third from left), together with the PFC team, accepts the Maharatna status granted by the government
In 2023, Parminder became chairman and managing director, becoming the first woman to lead PFC.
smt. Parminder Chopra serves as CMD of PFC
smt. Parminder Chopra has assumed the post of Chairman and Managing Director (CMD) of Power Finance Corporation Limited (PFC) with effect from August 14, 2023. @MinOfPower @power_pib pic.twitter.com/Y96qLZ8yYm
— Power Finance Corporation (@pfclindia) August 17, 2023
Her name was recommended by the Public Enterprises Selection Board (PESB), the government’s headhunting agency. Her appointment as CMD was approved by the Power Ministry until her retirement or further orders from them. She played an important role in the Atmanirbhar Bharat initiative of the Government of India, where she executed Rs. 1.12 trillion Liquidity Injection Scheme (LIS) for the power distribution industry.
Awards, Honors, Achievements
- Parminder Chopra wins ET Ascent’s 2022 “Best CFO-PSU” award.
- Parminder Chopra won the Financial Leader of the Year Award at the ETPrime Women’s Leadership Awards 2023.
Parminder Chopra accepts Financial Leader of the Year award at ETPrime Women’s Leadership Awards 2023
- Parminder Chopra received the Icon of the Year Award in 2023 from the Indian Institute of Cost Accountants.
Parminder Chopra wins Icon of the Year award
Categories: Biography
Source: HIS Education