Organization Structure
The Corporation is headed by the Chairman and Managing Director; who at present is Satnam Singh. The company has three wings, each headed by a Functional Director namely, Institutional Development & Administration (IDA) Division, Projects Division and Finance & Financial Operations division. The IDA Division looks after the credit appraisal and categorization of borrower entities, power sector reforms, review and analysis. The Projects Division controls the operation in various states and project appraisal. Finance & Financial Operations Division looks after the Fund Mobilization and Disbursement. PFC is a lean organization. The number of employees during year 2007-2008 were 309.
Read more about this topic: Power Finance Corporation
Famous quotes containing the words organization and/or structure:
“In any great organization it is far, far safer to be wrong with the majority than to be right alone.”
—John Kenneth Galbraith (b. 1908)
“In the extent and proper structure of the Union, therefore, we behold a republican remedy for the diseases most incident to republican government.”
—James Madison (1751–1836)