

New Delhi: Indian Railway Finance Corporation Limited (IRFC) has announced the appointment of Alok Tiwari as Part-Time Government Nominee Director on its Board, effective December 5. The appointment was approved through a resolution by circulation on December 5, following the completion of necessary formalities, the company said in a regulatory filing.
Tiwari currently serves as Joint Secretary in the Infrastructure Finance Secretariat under the Department of Economic Affairs, Ministry of Finance. His appointment has been made pursuant to the Ministry of Railways’ order dated December 3, 2025, which was received by IRFC on December 4, 2025.
In its exchange communication, IRFC confirmed that Tiwari is not debarred from holding the office of director by any SEBI order or other authority and that he is not related to any director or key managerial personnel at IRFC. He also holds no shares in the company.
Tiwari is an IAS officer with extensive administrative and financial experience. He holds a B.Tech in Mechanical Engineering from IIT Kanpur, an M.Sc in Economics from the London School of Economics and Political Science, and a Ph.D. from IIT Delhi. He has served in multiple capacities across central and state government roles, including as District Magistrate in Uttar Pradesh, Deputy Secretary in the Cabinet Secretariat and Department of Financial Services, Private Secretary to the Defence Minister, and on the boards of various national finance and infrastructure entities.
Indian Railway Finance Corporation, a Government of India enterprise under the Ministry of Railways, is responsible for raising financial resources for Indian Railways’ rolling stock and infrastructure projects.
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