Indian Railway Finance Corporation Limited — Others, 25-06-2025: Change in Management

Indian Railway Finance Corporation Ltd. has announced a board meeting outcome approving the designation of Shri Randhir Sahay, an experienced IRAS officer with 25+ years in railway finance, as the new Chief Financial Officer, replacing Shri Sunil Kumar Goel, who will continue as GGM (Finance). The Board also appointed M/s VAP & Associates as Secretarial Auditor for five years, subject to shareholder approval, strengthening corporate compliance functions. Additionally, the Board approved new policies on Fraud Risk Management and Internal Capital Adequacy Assessment, and reviewed key governance and risk management policies, supporting robust operational and risk frameworks.