In a move that signals a sharpened focus on financial governance, The State Trading Corporation of India Limited has appointed Raghvendra Singh as Executive Director (Director-Finance), with effect from 29 June 2026. The appointment was conveyed by the Ministry of Commerce and Industry and approved by the STC board through circulation on 3 July 2026, underscoring the government-backed company’s emphasis on strengthening its finance leadership at the board level.
Raghvendra Singh, IA&AS:2013, holds a B.Tech in Electronics and Communication Engineering and is an officer of the Indian Audit and Accounts Service. He is currently Deputy Secretary in the Department of Commerce and has previously served as Director in the Comptroller and Auditor General of India and as Joint Director in the 16th Finance Commission. His breadth of public finance, public debt management, revenue sector audit, IT systems implementation and governance positions him to guide STC’s financial oversight and strategic planning.
The appointment aligns with STC’s ongoing efforts to reinforce governance and financial stewardship within a government-owned trading enterprise. Singh’s experience across audit, governance and public-finance channels is expected to complement STC’s objectives as it navigates complex government interfaces and maintains robust internal controls.
Notably, STC states that Singh is not related to any director on the board and is not debarred from holding office. As the company continues to align its leadership with its strategic agenda, the new Executive Director (Director-Finance) brings a profile shaped by high standards of public service and fiscal stewardship, signaling a continued emphasis on prudent financial management at the state-owned entity.