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M Nagaraj is CMD, HUDCO

May 29th, 2020 6:51 pm | By | Category: LATEST NEWS

Nagaraj hudco
(THE NEWSMAN OF INDIA.COM)
State-owned Housing and Urban Development Corporation (Hudco) appointed M Nagaraj as the company’s Chairman and Managing Director for 3 months. Nagaraj is also Director (Corporate Planning) of the company. He has an experience of around 28 years in multitude of sectors such as housing, infrastructure finance, skill development and international trading.He is a qualified Cost Accountant & Company Secretary and also a certified Banker having qualification of CAIIB. He holds Post Graduate degree in Management i.e., MBA with Specialisation in Finance.

Nagaraj has varied experience of around 30 years in multitude of sectors such as Housing, Infrastructure Finance, Skill Development & Micro Finance in Social Sector, and International Trading. He has strong fundamentals in Managerial Capabilities and e-governance for corporate sector.

Prior to joining HUDCO, he was Chairman-cum-Managing Director of PEC Limited (formerly Projects and Equipment’s Corporation of India Limited) under the Ministry of Commerce and Industry.

Prior to that, he was Managing Director in National Safai Karmacharis Finance and Development Corporation (NSKFDC) under the aegis of Ministry of Social Justice and Empowerment.

Before that, he was Director in IIFCL Projects Limited (a group company of India Infrastructure Finance Company Limited) and also General Manager in IIFCL under Ministry of Finance, handling the Portfolios of Project Finance especially Take-out Finance Scheme of IIFCL, Board Secretariat, Vigilance Activities, Business Development, etc.

He had started his career with Housing and Urban Development Corporation Limited (HUDCO) as Management Trainee and worked in various capacities upto Deputy General Manager for about 20 years before joining IIFCL.

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