Mr.CS Verma appointed Director (Finance), BHEL.

On his appointment as Director on the Board of Bharat Heavy Electricals Limited (BHEL), Mr.CS Verma has assumed charge as Director (Finance) of India's Navratna Public Sector engineering and manufacturing enterprise, here today.

Prior to this, he served as Director (Finance) on the Board of ITI, the country’s premier telecom company under the administrative control of the Department of Telecommunications, Ministry of Communications & IT, Government of India.

Mr. Verma holds a Master’s degree in Commerce, a Master’s degree in Management and a Bachelor’s degree in Law. He is a Fellow Member of the Institute of Company Secretaries of India and also an Associate Member of the Institute of Cost & Works Accountants of India.

During his tenure of more than three years in the Telecom major, through adroit management of funds and strategic deployment of scarce resources, Mr. Verma lent the much-needed financial muscle required for ITI to operate in the highly competitive telecom markets.

With over two decades of professional experience behind him, he is credited to be an expert in funds mobilisation having raised huge resources for the Indian Railway Finance Corporation where he served as Group General Manager before taking over as Director Finance in ITI in February 2002.

Mr. Verma has handled a number of foreign issues, swap transactions and derivative products. His earlier assignments include a stint in Delhi Stock Exchange (DSE) as its General Manager where he worked for about 4 years and in a Financial Institution where he worked for about 9 years. He has widely travelled abroad and has visited a number of countries.