New Delhi/Mumbai: The Public Enterprises Selection Board (PESB) has officially invited applications for the post of Director (Finance) at Mumbai Railway Vikas Corporation Limited (MRVCL). The position, which has remained vacant since March 1, 2025, is open to eligible candidates from both public and private sectors.
The notification was released on August 19, 2025, and the last date for submission of applications is September 15, 2025.
Temporary Charge Held by Western Railway Official
Since the position fell vacant, Shalini Darbari, Principal Financial Adviser (PFA) of Western Railway (WR), has been holding additional charge as Director (Finance), MRVCL. Her interim role is expected to continue until a full-time appointment is finalized through the PESB selection process.
Key Role in Railway Infrastructure Finance
The Director (Finance) position at MRVCL is a crucial leadership role, responsible for overseeing the corporation’s financial strategy, planning, and compliance. MRVCL plays a vital role in the implementation of railway infrastructure projects in the Mumbai Metropolitan Region, making this appointment strategically important for both the Ministry of Railways and the financial planning of urban rail upgrades.
Application Process and Eligibility
Candidates interested in applying must do so via the PESB online portal. The position is open to:
- Eligible officers from Central Public Sector Enterprises (CPSEs)
- Candidates from the private sector with relevant experience in finance, accounts, and infrastructure project funding
Detailed eligibility criteria, job responsibilities, and application requirements are available on the PESB website.
About MRVCL
Mumbai Railway Vikas Corporation Ltd (MRVC Ltd), a Public Sector Undertaking of Govt. of India under Ministry of Railways (MoR) was incorporated under Companies Act, 1956 on 12th July 1999 with an equity capital of Rs. 25 crore shared in the ratio of 51:49 between Ministry of Railways and Government of Maharashtra.
