India Tourism Development Corporation Limited (ITDC) has appointed Shri Lokesh Kumar Aggarwal (having DIN 09714805) as director finance of ITDC. The Order Further states that the appointment will be effective from the date of his assumption of charge of the post till the date of his superannuation that is August 31, 2026, or until further orders, whichever is earlier. With this change, present composition of Board of Directors in ITDC is as under: 1. Dr. Sambit Patra, Chairman; 2. Sh G. Kamala Vardhana Rao, IAS, Managing Director; 3. Sh.

Piyush Tiwari, Director (Comm. & Marketing); 4. Sh. Lokesh Kumar Aggarwal, Director (Finance) & CFO; 5. Sh.

Chetan Prakash Jain, IRPS, Govt. Nominee Director; 6. Dr. Anju Bajpai, Woman Independent Director; 7. Dr. Manan Kaushal, independent director. Shri Lokesh Kumar Aggarwal has assumed the charge of Director (Finance) of India Tourism Development Corporation (ITDC), a Miniratna PSU under the Ministry of Tourism.

Prior to this he was the Chief Financial Officer/Chief General Manager Finance in Energy Efficiency Services Limited, A JV (of four PSUs i.e. NTPC, PFC, REC and PGCIL) under the Ministry of Power and led the Overall Finance function. He has also worked with Bharat Heavy Electricals Limited for more than 27 years and handled the major finance functions like Treasury & Banking, Strategic Planning & Budgetary Control and Corporate Accounts and its compliance with various agencies. He is an accomplished finance professional with more than 30 years of enriched experience in Corporate Finance Management, playing a pivotal role in strategic management decision making.

He specialises in financial resource mobilization from Domestic & Global sources, optimum utilization of funds, undertaking budgetary controls and taking investment decisions. Under his previous stints, he has played pivotal roles in improving management reporting, digitalisation and building SOPs for better Internal Financial Control. He has a sharp insight of balancing investment risks and returns.

Shri Aggarwal is a qualified Cost Accountant from the Institute of Cost Accountants of India (ICAI) and also Company Secretary from the Institute of Company Secretaries of India. He holds a PG Diploma in Internal Audit from the Delhi School of Economics. He also holds a degree in LLB.

As Director (Finance) of ITDC, Shri Aggarwal will be a member of the board of directors and report to the Managing Director (MD). He will be overall in charge of finance and accounts of the organisation and will be responsible for evolving and formulating policies relating to finance and accounts as well as implementation thereof towards the fulfilment of goals and objectives of the company.