IFCI Appoints Shri Shailesh Kumar as Government Director
The appointment of a Government Director with extensive experience in finance, policy, and administration, including roles in the Ministry of Finance and Power, is expected to bring valuable expertise and strategic guidance to the Board, influencing future decisions and oversight.
The appointment of Shri Shailesh Kumar, a highly experienced Central Secretariat Services Officer with a strong background in finance, administration, and policy across various government ministries, is a positive development for the company's governance and strategic direction.
IFCI Limited has announced the appointment of Shri Shailesh Kumar (DIN: 11226831) as a Government Director on its Board, effective August 05, 2025.
Key details of Shri Shailesh Kumar's profile include: * He is a distinguished Central Secretariat Services Officer who topped his university in undergraduate studies. * He holds a Master's degree in Physics and an MBA in Finance. * His professional journey includes roles in the Finance Division of the Ministry of Education, Ministry of Civil Aviation (aviation security policy), and Ministry of Overseas Indian Affairs (Emigration Policy). * He served as Deputy Director in the 14th Finance Commission. * He worked with the Union Public Service Commission (UPSC) in the All India Services (AIS) Division and Special Cell. * In 2020, he joined the Ministry of Power as Deputy Secretary (Distribution) and was nominated as the Government of India representative in the Power Finance Corporation (PFC). * Currently, he is posted in the Ministry of Finance, Department of Financial Services (DFS), overseeing the Debt Recovery Division and Legal Cell.
IFCI confirmed that Shri Shailesh Kumar is not debarred from holding the office of Director by any SEBI Order or other authority, and he is not related to any other Director on the Board.
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