New Delhi, May 13 -- : In alignment with global best practices in corporate governance and in recognition of the pivotal role that internal audit plays as the third line of defence in risk management, Power Finance Corporation (PFC) has further fortified its internal audit function through a key leadership appointment.

Underscoring the critical importance of the function within the organization, the Board of Directors has approved the elevation of the internal audit function to be headed by an executive one level below the Board, which was earlier being head by an executive two level below the Board. This strategic move reflects PFC's continued commitment to maintaining the highest standards of transparency, accountability, and oversigh...