Dr Pawan Singh: Managing Director and CEO, PTC India Financial Services

Managing Director and CEO, PTC India Financial Services

Dr Pawan Singh is currently serving as the managing director and chief executive officer (CEO) of PTC India Financial Services, the non-banking financing arm of PTC India. Stepping into his current role in October 2018, he brings 34 years of experience in finance to the job. In the past seven years, he has held the post of director, finance and chief financial officer of the company. In his present role, his biggest challenge is dealing with the issue of stressed assets; he aims to increase the asset base of the company from the present Rs 140 billion to Rs 300 billion in the next two and a half years.

Singh began his career as a management trainee at Tata Steel in Jamshedpur. However, realising that the steel industry was not his ideal choice, he left the company after less than a year to join Bharat Petroleum in Delhi, where he worked for three years. In 1986, Singh joined Indian Railways. With an MBA and a Ph.D. in infrastructure finance, Singh worked in the highest loading divisions of Indian Railways, South Eastern Railway and Western Railway. His 12 years’ experience of working in the railway sector gave him tremendous exposure and honed his management skills.

From the railways ministry, Singh went on to work in the power sector. He was on deputation to Power Grid Corporation of India Limited and served as general manager (finance) at the company till 2005. Next, he worked as director, finance, Delhi Power Holding Company, Delhi Transco and Indraprastha Power Generation Company Limited. His five-year stint at Delhi Transco was the high point of his career. When he joined, the company’s losses amounted to Rs 40 billion. He turned the transco into a dividend-paying, profit-making company, and the highest-credit-rated company among state power utilities throughout the country.

Singh loves the world of finance and is quite passionate about it. The CFO magazine conferred him the title of CFO of Exceptional Calibre in 2015 and 2017. He also enjoys teaching finance and is visiting faculty at prestigious institutes such as the IIMs, the IITs, the Indian School of Business, and the IAS Academy. According to Singh, he draws all his strength from his spiritual practice. His morning routine includes an hour of Buddhist chanting which helps him deal with daily problems, and keeps doubts and anxieties at bay.