Rakesh Kumar, Director (Finance), Neyveli Lignite Corporation (NLC), has been conferred with the “Bureaucracy Today - Star Public Sector Undertaking Award” in recognition of his outstanding contributions and achievements in the field of finance.
The award was given to him by Union Minister of State for Science and Technology Jitendra Prasad in New Delhi on June 19.
A statement from the NLC stated that he was selected for the award from among the Directors of the Navaratna and Maharatna public sector undertakings.
NLC Chairman-cum-Managing Director B. Surender Mohan felicitated Mr. Rakesh Kumar.
The statement noted that Mr. Kumar joined the NLC in 2012 and prior to that he was associated with various important projects of the Brahmaputra Cracker and Polymer Ltd (BCPL) and the Gas Authority of India Ltd (GAIL).
He has introduced various systems for the effective control of finance and accounts, treasury and risk management, budgetary and cost control, tax control and corporate governance in the NLC.