PESB recommends B Mugunthan as Director (Finance) of DFCCIL

New Delhi: The Public Enterprises Selection Board (PESB) has recommended the name of B Mugunthan for appointment as Director (Finance) of Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a Schedule ‘A’ Central Public Sector Enterprise, according to official minutes of the selection meeting.

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The recommendation was made in PESB Meeting No. 120/2025 on December 15 to consider candidates for the post of Director (Finance) at DFCCIL. Mugunthan is currently serving as Financial Adviser and Chief Accounts Officer in the Railways under the Ministry of Railways.

A total of 10 candidates were interviewed by the PESB panel for the post. The shortlisted candidates included senior finance professionals from DFCCIL, Central Warehousing Corporation, NBCC (India) Limited, NTPC Limited, Indian Railway Finance Corporation, Steel Authority of India Limited, MSTC Limited and the Railways.

The post of Director (Finance) at DFCCIL is a key Board-level position responsible for overseeing the company’s financial strategy, budgeting, fund mobilisation and compliance. The PESB recommendation will now be forwarded to the Appointments Committee of the Cabinet (ACC) for final approval.

Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is a Government of India enterprise under the administrative control of the Ministry of Railways and is tasked with planning, development and operation of dedicated freight corridors to enhance rail-based freight transportation across the country.

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