The Indian Railway Catering and Tourism Corporation (IRCTC) has announced the appointment of Sudhir Kumar as its new Chief Financial Officer (CFO), effective January 16, 2025. This follows the conclusion of Gaisingam Kabui’s tenure on December 18, 2024.
The decision was approved by IRCTC’s Board of Directors, based on recommendations from the Nomination & Remuneration and Audit Committees. Kumar, a 1996-batch officer of the Indian Railways Accounts Service (IRAS), will now oversee the financial operations of this public sector undertaking (PSU).
Professional Background:
With nearly three decades of experience in financial management, Kumar has held key leadership positions across multiple zonal railways, production units, and project management units within Indian Railways. His contributions have been instrumental in modernizing workflows and enhancing operational efficiency.
Key Contributions:
Kumar has spearheaded several initiatives aimed at improving operational and financial efficiency, including:
- Automating human resource and accounting processes.
- Developing costing systems for railway workshops, leading to better cost control.
Global training and expertise:
Kumar has undergone advanced training in financial and managerial disciplines at prestigious institutions, including ESCAP (London and Paris), INSEAD (Singapore), and ISB (Mohali). This global exposure is expected to strengthen IRCTC’s financial strategies and enhance decision-making processes.
