NEW DELHI: Indian Railways has gone the corporate way, at least in its administrative setup, with the railway board now having a CEO-cum chairman with members. This is the biggest change since the board was formed in 1905.
The decision to have a CEO was taken last year when the government had approved merger of all railway services into one service. The incumbent chief of railway board was designated as the CEO on Wednesday. The board has four members to deal with infrastructure, finance and other operations.