Movers And Shakers Of The Week [21 November – 26 November] 

Power2SME Appoints Dr. H.P. Kumar As Director Of External Affairs

Power2SME has appointed former NSIC Chairman and MD, Dr. H.P. Kumar as Director for External Affairs division. Dr. Kumar in his new role will guide innovative programmes and framework to enhance Power2SME’s value proposition for SMEs, financial institutes, and large suppliers.

His appointment is a strategic move by the company to strengthen its network alliances across industries and sectors.

A veteran with over 38 years of experience, Dr. Kumar has a deep understanding of the SME market and vast experience in promoting international trade relations across a large number of countries, overseas investments, transfer of technologies and handling joint ventures.

Under his leadership – NSIC was able to achieve a turnover of $2.5 Bn (INR 17,400 Cr)  and became a dividend paying entity with an excellent MOU rating continuously for 7 years, a spectacular shift, from a lossmaking CPSU prior to his successful tenure.

Dr. H. P. Kumar is a qualified Banker from the Indian Institute of Bankers, a professional Cost and Management Accountant (FCMA) and holds a PhD in Rural Industrialisation.