Power2SME, the ‘Buying Club’ for SMEs in India, has appointed former NSIC Chairman cum 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.
Welcoming Dr. Kumar, Mr. R. Narayan, Founder and CEO, Power2SME said that, “We are delighted to have Mr. Kumar as part of Power2SME team and he will be leading the External Affairs division for Power2ME. We are expanding our presence in India and our priority is to deepen our engagement with the growing number of SMEs, suppliers and other industry players. He brings along immense experience and knowledge of the sector that will help us gain in-depth insights of the industry dynamics, adding more meaning to our initiatives undertaken to achieve the company goals.”
Under Dr. Kumar’s leadership - NSIC was able to achieve a turnover of Rs. 17,400 crores and became a dividend paying entity with an excellent MOU rating continuously for 7 years, a spectacular shift, from a loss making 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 Industrialization.