Indian Railway Finance Corporation Limited — Others, 25-06-2025: Appointment

Indian Railway Finance Corporation Ltd. has announced a board meeting outcome approving the designation of Shri Randhir Sahay, Director (Finance), as the new Chief Financial Officer, replacing Shri Sunil Kumar Goel who continues as GGM (Finance). Shri Sahay brings over 25 years of financial advisory experience within the Indian Railways, notably managing proposals worth around Rs. 55,000 Cr annually. The board also appointed M/s VAP & Associates as Secretarial Auditor for five years, pending shareholder approval. Additionally, policies on Fraud Risk Management and Internal Capital Adequacy Assessment Process were approved, while updates were made to risk, KYC, outsourcing, and succession policies.