In a move designed to sharpen its financial leadership, Indian Railway Finance Corporation Limited (IRFC) disclosed that its Board, at a meeting on 30 June 2026, approved the appointment of Ranjay Choudhary as Director (Finance) on the Board for a five-year term, effective from the date he assumes charge on 30 June 2026. The appointment is described as co-opted and designated as Director (Finance) in line with the Ministry of Railways order dated 29 June 2026. The leadership reshuffle underscores IRFC’s intent to strengthen governance and financial stewardship as it steers funds for rail infrastructure on a large scale.