New Delhi, Apr 22 (PTI) State-owned REC Ltd on Tuesday announced the appointment of Jitendra Srivastava as its Chairman and Managing Director, with immediate effect.

He takes over from Parminder Chopra, CMD, Power Finance Corporation, who was given the additional charge of REC chief, the company said a regulatory filing.

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The Ministry of Power had conveyed the appointment of Srivastava, Joint Secretary, Department of Drinking Water and Sanitation, Ministry of Jal Shakti as CMD of the REC Ltd in the rank and pay of Additional Secretary to the Government of India, it said.

Srivastava is 2000 batch IAS officer of Bihar Cadre.

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He has held several key administrative and leadership roles in the Centre and Bihar government.

Earlier, he served as Secretary to Government of Bihar in Home Department and Public Health Engineering Department (PHED).

His postings have included important assignments in sectors such as finance, power sector, education, public health and infrastructure.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)