In a significant leadership move, REC Ltd, the state-owned infrastructure financing major, has appointed Jitendra Srivastava as its new Chairman and Managing Director. The announcement, made official through a regulatory filing on Tuesday, marks a strategic shift in the company’s leadership as it navigates the evolving energy financing landscape. Srivastava, a 2000-batch IAS officer from the Bihar cadre, brings extensive experience across multiple sectors, including power, finance, and infrastructure.