ACC approves appointment of V K Yadav as Railway Board's first ever CEO

The Cabinet had earlier approved the restructuring of the Railway Board, whose strength has been cut from eight to five, as part of large scale reforms initiated by the national transporter

V K Yadav, Chairman, Railway Board
V K Yadav, Chairman and CEO, Railway Board
Press Trust of India New Delhi
2 min read Last Updated : Sep 02 2020 | 11:13 PM IST

Don't want to miss the best from Business Standard?

The Appointments Committee of the Cabinet has approved the appointment of the current chairman of the Railway Board VK Yadav as the CEO, making him the first to hold such a post in the railway's history.
 
The Cabinet had earlier approved the restructuring of the Railway Board, whose strength has been cut from eight to five, as part of large scale reforms initiated by the national transporter.
 
While Yadav has been appointed Chairman and Chief Executive Officer (CEO), Pradeep Kumar has been appointed Member, Infrastructure, PC Sharma has been appointed Member, Traction and Rolling Stock, PS Mishara has been made Member, Operations and Business Development, Manjula Rangarajan has been appointed Member, Finance.
 
With this rearrangement, three apex level posts -- Member (Staff), Member (Engineering) and Member (Materials Management) in the Railway Board have been surrendered and the post of Member (Rolling Stock) has been utilised for creation of the post of Director General (HR) in apex grade as per the Cabinet's Decision, the ACC said.
 
According to the plan chalked out by the Railways, the chairman and CEO will be the cadre controlling officer responsible for human resources (HR) with assistance from a DG (HR). The Indian Railway Medical Service (IRMS) will be renamed the Indian Railway Health Service (IRHS). The process to merge eight railway-related wings into a single central service called the Indian Railway Management Service (IRMS) is underway.
 
These reforms, the Railways has said, will end “departmentalism", promote smooth working of railways, expedite decision making, create a coherent vision for organisation and promote rational decision making.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Indian RailwaysRailway Board

Next Story