REC Limited has officially announced the appointment of Shri Mohan Lal Kumawat as the Executive Director (Finance-Bonds) of the company. Effective April 9, 2026, this strategic appointment designates his position as a Key Managerial Personnel (KMP) to oversee critical financial operations and bond-related activities. The move reflects the company’s commitment to robust financial management and governance as it continues its operations in the power infrastructure financing sector.
Leadership Strengthening
REC Limited has appointed Shri Mohan Lal Kumawat to the role of Executive Director (Finance-Bonds), effective April 9, 2026. In this capacity, Shri Kumawat will serve as a Key Managerial Personnel, taking on responsibilities vital to the company’s financial health and bond market participation. This appointment is part of the company’s ongoing efforts to streamline its financial leadership structure.
Professional Background
Shri Kumawat brings over 30 years of post-qualification experience to his new role. His expertise spans organizational and financial planning, financial accounting, and corporate governance. He is a professionally qualified individual, holding membership with the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI). Additionally, he possesses an MBA in Finance, which complements his extensive experience in managing complex financial portfolios.
Strategic Oversight
As the Executive Director (Finance-Bonds), Shri Kumawat will be instrumental in managing the company’s financial obligations and bond issuance strategies. His deep understanding of regulatory compliance and corporate governance, combined with his long-standing track record, is expected to provide continued stability and strategic guidance for the company’s financial operations.
Source: BSE
