PTC India Financial Services Appoints Sanjeev Kumar as Whole Time Director (Operations)
PTC India Financial Services Limited (PFS) has appointed Sanjeev Kumar as Whole Time Director designated as Director (Operations) for a 5-year term, effective June 10, 2025. Kumar brings over 30 years of experience in banking and finance, having worked with institutions like SBI, ICICI Bank, and IIFCL. His expertise spans retail, corporate, construction, and infrastructure finance. Kumar previously served as CEO of IIFCL Projects Limited and has held key positions in various financial institutions. The appointment was approved by shareholders at the company's 19th Annual General Meeting on August 6, 2025.

*this image is generated using AI for illustrative purposes only.
PTC India Financial Services Limited (PFS) has announced the appointment of Sanjeev Kumar as Whole Time Director designated as Director (Operations) for a period of 5 years or until his superannuation, whichever is earlier. The appointment, effective from June 10, 2025, was approved by shareholders at the company's 19th Annual General Meeting held on August 6, 2025.
Extensive Experience in Banking and Finance
Sanjeev Kumar brings over 30 years of experience in banking and finance to his new role at PFS. His expertise spans across various sectors, including retail, corporate, construction, and infrastructure finance. Prior to joining PFS, Kumar served as the Chief Executive Officer of IIFCL Projects Limited, a wholly-owned subsidiary of India Infrastructure Finance Company Limited (IIFCL).
Professional Background
Throughout his career, Kumar has held key positions in several prominent financial institutions:
- Worked with leading organizations such as State Bank of India (SBI), ICICI Bank, and IIFCL
- Served as General Manager (Finance) at the National Highways Authority of India (NHAI) for more than 5 years
- Played crucial roles in various policy initiatives of the Government of India, particularly in eliminating financial stress in road projects and reviving lagging projects
Qualifications and Expertise
Sanjeev Kumar's educational background and professional certifications include:
- Cost and Management Accountant (CMA) from the Institute of Cost Accountants of India
- Certified Associate of the Indian Institute of Banking and Finance (CAIIB)
- Extensive experience in financial management of large and medium-sized infrastructure projects, particularly in the road and power sectors
Role at PTC India Financial Services
As Whole Time Director (Operations), Kumar is expected to contribute significantly to PFS's operations and strategic initiatives. His appointment comes at a time when the company is likely looking to strengthen its position in the infrastructure financing sector.
Shareholder Approval and Compliance
The appointment of Sanjeev Kumar was made in compliance with regulatory requirements:
- Initially appointed as an Additional Director by the Board of Directors on June 10, 2025
- Shareholders approved his appointment as Whole-time Director (Operations) at the 19th AGM
- The company has duly informed the stock exchanges as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
PTC India Financial Services Limited, a subsidiary of PTC India Limited, continues to focus on strengthening its leadership team to drive growth and efficiency in its operations. The appointment of Sanjeev Kumar, with his rich experience in infrastructure finance and policy matters, is expected to bring valuable insights and expertise to the company's management.
Historical Stock Returns for PTC India Financial Services
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.76% | -5.65% | -6.25% | +5.28% | -29.17% | +105.23% |