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Kumar, an accomplished officer from the 1996 batch of the Indian Railways Accounts Services (IRAS), takes over the role following the departure of Gaisingam Kabui, whose tenure ended on December 16.
During his time as CFO, Kabui played a pivotal role in managing IRCTC’s financial operations and ensuring smooth transitions during critical projects, the company noted.
Kumar brings a wealth of experience to IRCTC, having held key positions across four zonal railways, production units, and project management units within Indian Railways. His notable contributions include automating HR and accounting workflows and streamlining costing systems in railway workshops, leading to significant efficiency gains and cost reductions.
Kumar has also completed advanced training programmes at global institutions such as ESCAP in London and Paris, INSEAD in Singapore, and ISB in Mohali.
Shares of IRCTC reflected investor confidence, closing at ₹763.10 on the BSE today, up 0.44%.
(Edited by : Shoma Bhattacharjee)