The Public Enterprises Selection Board (PESB) has recommended B Mugunthan for appointment as Director (Finance) of the Dedicated Freight Corridor Corporation of India Limited (DFCCIL). The recommendation was made after interviews conducted by the PESB on December 15, 2025.
B Mugunthan is presently serving as Financial Adviser and Chief Accounts Officer in the Ministry of Railways. His name will now be forwarded to the Appointments Committee of the Cabinet (ACC) for final approval, subject to vigilance clearance and completion of other procedural requirements.
The PESB had invited applications for the post of Director (Finance), DFCCIL on August 21, 2025, with September 17, 2025 as the closing date. The position has been vacant since February 1, 2025, following the completion of the five-year tenure of Hira Ballabh (IRAS:1992), who retired on January 31, 2025. Currently, Rahul Kapoor, Executive Director (Finance–PPP & RM), Railway Board, is holding additional charge of the post.
The PESB interviewed a total of 10 candidates for the post. The list included:
- Sanjeev Gupta, Executive Editor, Dedicated Freight Corridor Corporation Of India Limited
- Alpna Dosaj, General Manager/Finance, Dedicated Freight Corridor Corporation Of India Limited
- Ratti Ram Aggarwal, Group General Manager, Regional Manager, Central Warehousing Corporation
- Mahesh Chand Bansal, Senior Executive Director (Finance) HoD, Corporate office, New Delhi, NBCC (India) Limited
- Gaurav Rastogi, Additional General Manager (CFO, NTPC Mining Ltd.), NTPC Limited
- Sunil Kumar Goel, Executive Director (F), Indian Railway Finance Corporation Limited
- Nirmal Kumar Singh, Chief General Manager, Steel Authority Of India Limited (SAIL)
- Praveen Kumar, Additional General Manager, (FNA)/RFM ERO, MSTC Limited
- B Mugunthan, Financial Adviser & Chief Accounts Officer, Ministry of Railways
- Vivek Gupta, Group General Manager- Finance , DFCCIL
Also Read: PESB invites applications for Director (Finance), DFCCIL
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