Power Finance Corporation Limited announced that cessation of Shri A. K. Agarwal as Director (Projects). On reaching the date of his superannuation, Shri A.K. Agarwal has ceased to be Director of the company with effect from December 31, 2016. The company also announced the appointment of Shri Chinmoy Gangopadhyay as Director (Projects) of the company with effect from December 31, 2016. He has more than 35 years of experience in power sector, serving organizational like NTPC, PFC and PFCCL. He has been with the company more than 25 years.