Pursuant to communication received from Ministry of Heavy Industries & approval of the Board of Directors of the HMT Limited, Ms. Rita Saxena, General Manager (Internal Audit), BHEL, Bengaluru, has been entrusted with additional charge of post of Director (Finance), HMT Limited, Bengaluru with effect from August 25, 2023. Ms. Rita Saxena brings in 35 years of rich experience in wide range of Finance operations with working in various capacities at BHEL. Presently, Ms. Rita Saxena is General Manager at BHEL heading the Internal Audit function of South based Units/Region/Divisions. Earlier as Head Finance of Industrial Systems Group of BHEL, she was instrumental in expeditious project execution and cost control through close monitoring and fast resolution of issues involved. In various capacities she had previously worked in finance functions of Project Engineering & Management Division (PEM) and BHEL Corporate office and handled areas like Project Accounting, Indirect Taxation, Auditing, Receivable Management etc. She was instrumental in the computerization of finance function in PEM division of BHEL. She had also served as Associate Project Director (Fin) of prestigious Advance Ultra Super Critical {AUSC) R&D project, a MHI funded project where BHEL was lead execution agency along with IGCAR & NTPC and had experience of Total Project Management. She is a qualified Cost Accountant and post graduate in Commerce. With her hands-on, practical approach & vast experience, she will drive the Team-HMT to
deliver the best.