Shelly Verma is the new CMD of IRFC, replacing Amit Banerjee resigns

Shelly Verma has been appointed as the new Chairman and Managing Director of Indian Railway Finance Corporation, replacing Amitabh Banerjee who was terminated prematurely. Her appointment is effective from October 15, 2022. Shelly Verma is a Commerce graduate from the University of Delhi and a fellow member of the Institute of Chartered Accountants of India, with over 30 years of experience in Power Sector Financing. She has held various positions in the Power Finance Corporation Limited, most recently as Executive Director (Finance).