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Leadership Updates: Coal India Names IRS Ashim Kumar Modi as Part-time Official Director, Succeeds Ashish Chatterjee

Ashim Kumar Modi takes charge on October 15, succeeding Ashish Chatterjee; currently Joint Secretary & Financial Advisor, Ministry of Coal
Indian Masterminds Stories

New Delhi: Coal India Limited (CIL), the world’s largest coal-producing company, has appointed Ashim Kumar Modi, an Indian Revenue Service (IRS) officer, as a Part-time Official Director on its Board. Modi took charge on October 15, 2025, succeeding Ashish Chatterjee, Additional Secretary & Financial Advisor in the Ministry of Coal, who ceased to hold the position effective the same date.

The appointment was formally made through a letter issued by the Ministry of Coal dated October 6, 2025.

Profile of Ashim Kumar Modi: Experienced IRS Officer with Engineering Background

Ashim Kumar Modi is currently serving as Joint Secretary & Financial Advisor in the Ministry of Coal. He holds a Bachelor of Technology degree in Civil Engineering from the Indian Institute of Technology (IIT) Delhi, one of India’s premier engineering institutes.

Before assuming his present role in the Ministry of Coal, Modi served in various capacities within the Income Tax Department across key Indian cities including Kolkata, Mumbai, and Delhi. His extensive experience in finance and taxation complements his current responsibilities in the coal sector.

Read also: Coal India Partners with IRCON to Strengthen Rail Network for Seamless Coal Transportation

Additional Role and Compliance Confirmation

In addition to his appointment on the CIL Board, Modi is also serving as a Part-time Official Director on the Board of South Eastern Coalfields Limited (SECL), a wholly owned subsidiary of Coal India Limited.

Coal India has confirmed that Ashim Kumar Modi is not related to any other director of the company and has not been debarred from holding the office of Director by any order from SEBI or other regulatory authorities, ensuring full compliance with corporate governance norms.

About Coal India Limited (CIL)

Coal India Limited (CIL) is a Maharatna public sector undertaking under the Ministry of Coal, Government of India. Established in 1975, CIL is the largest coal-producing company in the world, contributing more than 80% of India’s coal production. The company operates through multiple subsidiaries across the country, supplying coal to power plants, steel factories, and other industrial sectors. CIL plays a critical role in supporting India’s energy security and industrial growth, with ongoing efforts towards sustainable mining and modernization.

Read also: Coal India Ltd to Announce Q2 Financial Results and Second Interim Dividend on October 29, 2025


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