PESB Recommends Rajneesh Narain as IRCTC Director (Finance)

The Public Enterprises Selection Board (PESB) in its meeting held on Wednesday, January 21, 2026, recommended Shri Rajneesh Narain, currently Director (Finance) at Northern Coalfields Limited, for the post of Director (Finance) of Indian Railway Catering and Tourism Corporation Limited (IRCTC), a Schedule A public sector enterprise.

The selection was made during PESB Meeting No. 3/2026, held at 8:45 AM. The board interviewed a total of eight applicants for the prestigious position. The candidates included:

Shri Satish Kumar Sinha – Executive Director, Finance & Accounts, Gail (India) Limited
Shri Rajneesh Narain – Director (Finance), Northern Coalfields Limited
Shri Prabhat Himatsingka – Chief General Manager (Finance & Treasury), Indian Oil Corporation Limited
Dr. Ranjay Choudhary – Chief General Manager, Power Finance Corporation Limited
Shri Sunil Kumar Goel – Executive Director (Finance), Indian Railway Finance Corporation Limited
Shri Himanshu Sekhar Panda – Chief General Manager, National Aluminium Company Limited
Shri Surendra Narayan Jena – Deputy General Manager (Finance), NMDC Limited
Shri Amar Jit Gautam – Principal Financial Advisor, North Eastern Railway

The recommendation by PESB now awaits approval from the Appointing Authority for formal appointment. Shri Rajneesh Narain brings extensive experience in finance management in public sector undertakings and is expected to strengthen IRCTC’s financial strategy and governance.

About IRCTC:
IRCTC is a Schedule A public sector enterprise under the Ministry of Railways, responsible for catering, tourism, and online ticketing services across India.