Government Appoints Amit Kumar Srivastava as Nominee Director on IIFCL Board
New Delhi, February 27, 2026: The Government of India has nominated Shri Amit Kumar Srivastava, Executive Director of Punjab National Bank, as a Government Nominee Director on the Board of India Infrastructure Finance Company Limited (IIFCL).
The appointment has been made by the Department of Financial Services (DFS), Ministry of Finance, with immediate effect, and will continue until further orders. He has been nominated under the provisions of Article 115(i)(b)(ii) of the Memorandum and Articles of Association of IIFCL.
He replaces Shri Kalyan Kumar, MD & CEO of Central Bank of India, who previously served as Government Nominee Director from a Scheduled Commercial Bank category on the IIFCL Board.
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Official Communication
The nomination was communicated via an official order dated February 27, 2026, issued from Jeevan Deep Bhawan, New Delhi, by the Ministry of Finance.
Copies of the communication have been marked to:
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Shri Amit Kumar Srivastava
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Shri Kalyan Kumar
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Chief Executive, Indian Banks’ Association
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Senior officials in the Ministry of Finance
About IIFCL
India Infrastructure Finance Company Limited (IIFCL) is a Government of India enterprise that plays a key role in providing long-term financial assistance to infrastructure projects across sectors including transportation, energy, urban development, and social infrastructure.
The appointment strengthens representation from public sector banking leadership on IIFCL’s Board, in line with its institutional governance framework.