Manoj Kumar Dubey appointed as its Chairman & Managing Director (CMD) and Chief Executive Officer (CEO) of the of the Indian Railway Finance Corporation (IRFC).
Indian Railway Finance Corporation (IRFC) is a schedule a miniratna public sector enterprise under the Ministry of Railways.
Prior to this, Dubey was serving as Director (Finance) and Chief Financial Officer of Container Corporation of India (Concor).
IRFC has total assets of Rs 50,755 crore and over 51 lakh shareholders – the highest for any company in India.
With a market capitalisation of over Rs 2 lakh crore, IRFC ranks among the top public sector companies and undertakings in the country.
Established in 1986, IRFC raises funds from both domestic and international markets to meet the extra budgetary resource (EBR) requirements of Indian Railways.