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IRAS Officer Randhir Sahay Assigned Addl Charge as Director (Finance) at IRFC

Mr Sahay currently serves as Executive Director (Finance – Stores) at the Railway Board.
Indian Masterminds Stories

Randhir Sahay, a 1998-batch officer of the Indian Railway Accounts Service (IRAS), has been assigned the additional charge of Director (Finance) at the Indian Railway Finance Corporation (IRFC).

Mr Sahay currently serves as Executive Director (Finance – Stores) at the Railway Board. He is an accomplished professional with a Master’s degree and additional qualifications including an LLB, a Post Graduate Diploma in Human Resource Management (PGDHRM), and an MBA in Finance.

With over 25 years of experience in the Indian Railways, Sahay has held key financial roles, overseeing expenditure, earnings proposals, government accounting, budgeting, and internal audits at multiple levels – from divisions to headquarters and the Ministry of Railways. At the Railway Board, he plays a pivotal role in the Stores Directorate, managing the concurrence of the Rolling Stock Program, vetting tender documents, and handling post-tender deviations.

Prior to his current role, Sahay was on deputation to the Municipal Corporation of Delhi, where he served as Additional Commissioner.

About IRFC

The Indian Railway Finance Corporation (IRFC) is a leading Public Sector Undertaking (PSU) under the Ministry of Railways. It is responsible for mobilizing financial resources to support the development and operations of Indian Railways. The Government of India holds a majority stake in the company.


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