B Mugunthan has been recommended for the post of Director (Finance) at Dedicated Freight Corridor Corporation of India Ltd (DFCCIL), according to officials familiar with the selection process.
The recommendation was made by the Public Enterprises Selection Board (PESB) following interviews for the top finance position at the state-owned infrastructure company. The post is critical to DFCCIL’s financial planning and execution of large-scale freight corridor projects.
B Mugunthan currently holds a senior finance role and brings experience in public sector financial management, project finance, and regulatory compliance. If appointed, he will be responsible for overseeing DFCCIL’s financial operations, budgeting, fundraising, and internal controls.
DFCCIL is implementing the Eastern and Western Dedicated Freight Corridors, which are key components of India’s logistics and rail infrastructure modernisation programme. The organisation plays a central role in improving freight movement efficiency and reducing logistics costs.
An official involved in the process said the recommendation has been forwarded to the Appointments Committee of the Cabinet (ACC) for final approval.
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Once cleared by the ACC, B Mugunthan is expected to assume charge as Director (Finance), strengthening DFCCIL’s leadership team as the project enters advanced stages of execution.