Rajat Agarwal — CEO

I am an officer of the Indian Railway Accounts Service working at the intersection of public finance, digital governance, and large-scale public systems. I hold undergraduate and postgraduate degrees in Computer Science and Engineering from IIT Delhi. My work spans financial policy, commercial strategy, and technology-led transformation in Indian Railways, including fare rationalization, PPP frameworks, enterprise IT architecture, and digital payment systems. I have also led technology initiatives for national platforms such as Ayushman Bharat and CoWIN, and contributed to the rollout of e-RUPI. I am a two-time recipient of the highest award of the Ministry of Railways and am currently pursuing the Advanced Management Programme in Public Policy at ISB.

Stackforce AI infers this person is a Public Sector and Health Technology expert with strong financial management skills.

Location: New Delhi, Delhi, India

Experience: 12 yrs 5 mos

Skills

Financial Management
It Systems Management
Digital Payment Systems
Commercial Policy
Information Security
Health Technology Management
It Management
Regulatory Compliance

Career Highlights

Led technology initiatives for national platforms like Ayushman Bharat.
Two-time recipient of the highest award from the Ministry of Railways.
Expertise in financial policy and digital governance.

Work Experience

Indian Railways

OSD to Member(Finance) (1 yr 4 mos)

Joint Director Finance (Computerization Co-ordination and Accounting Policies) (2 yrs 3 mos)

Ministry of Railways, Government of India

Joint Director(Finance-Commercial and PPP) (2 yrs 1 mo)

National Health Authority (NHA)

Chief Information Security Officer (5 mos)

Deputy Director (7 mos)

Indian Railways

Chief Information Security Officer (2 mos)

Senior Information Technology Manager (3 mos)

Divisional Finance Manager (2 yrs 1 mo)

Assistant divisional finance manager (1 yr 7 mos)

Election Commission of India

Expenditure Observer 2020-Bye election (2 mos)

National Academy Of Indian Railways,Vadodara.

IRAS officer trainee (1 yr 10 mos)

Samsung Electronics

Senior Software Engineer (1 yr)

CSR

Project associate (1 yr)

Qualcomm

Software Engineering Intern (2 mos)

Education

Dual Degree( Bachelor and Master of Technology) at Indian Institute of Technology, Delhi

Advance Management program in Public Policy (AMPPP) at Indian School of Business

Post Graduate Diploma at Narsee Monjee Institute of Management Studies, Mumbai

Finance and Accouting at National Institute of Financial Management - PGDM (Financial Markets)

Bachelor of Engineering - BE at INSA Lyon - Institut National des Sciences Appliquées de Lyon

Rajat Agarwal

CEO

New Delhi, Delhi, India12 yrs 5 mos experience

Most Likely To Switch

Key Highlights

Led technology initiatives for national platforms like Ayushman Bharat.
Two-time recipient of the highest award from the Ministry of Railways.
Expertise in financial policy and digital governance.

Stackforce AI infers this person is a Public Sector and Health Technology expert with strong financial management skills.

Contact

Skills

Core Skills

Financial ManagementIt Systems ManagementDigital Payment SystemsCommercial PolicyInformation SecurityHealth Technology ManagementIt ManagementRegulatory Compliance

Other Skills

Financial IT systemsEnterprise architectureDigital payment initiativesFinancial policyPolicy designDigital paymentsUPI integrationPPP policyFinancial analysisInfrastructure initiativesProject structuringInformation security managementCybersecurity auditsISO/IEC 27001Technology operations

About

Experience

12 yrs 5 mos

Total Experience

1 yr 9 mos

Average Tenure

2 yrs 3 mos

Current Experience

Indian railways

2 roles

OSD to Member(Finance)

Promoted

Jan 2025 – Present · 1 yr 4 mos · New Delhi, Delhi, India · On-site

Serve as Chief of Staff to Member Finance, Railway Board, providing strategic advice and decision support on financial, policy, and organizational matters.
Support high-level decision making and policy formulation through analysis, briefings, and coordination across directorates and zonal railways.
Lead inter-departmental coordination within the Railway Board and with external stakeholders to drive implementation of key financial and institutional initiatives.
Oversee human resource management and cadre-related matters for the Accounts & Finance services of Indian Railways.

Joint Director Finance (Computerization Co-ordination and Accounting Policies)

Feb 2024 – Present · 2 yrs 3 mos · New Delhi, Delhi, India · On-site

Core team member for 2025 fare rationalization reforms in Indian Railways, contributing to financial sustainability and policy design.
Oversee mission-critical financial IT systems of Indian Railways including IPAS and e-RECON, ensuring reliability and integration across the network.
Leading development of enterprise architecture for a unified platform integrating commercial and financial functions of Indian Railways.
Contribute to formulation and implementation of accounting policies to strengthen financial governance and reporting.
Coordinate with NSDL, PFRDA and other central agencies for implementation of Government of India financial and pension policies in Indian Railways.
Drive digital payment initiatives, including UPI integration and dynamic QR-based payments across railway PoS systems.
Manage HR and cadre administration for the Accounts & Finance services of Indian Railways, including policy and establishment matters.
Conduct nationwide departmental promotion examinations in CBT mode ensuring transparency and efficiency.
Serve as Technical Advisor and Ministry of Railways representative to GASAB on government accounting standards.
Nodal officer for deployment of Expenditure Observers from the Ministry of Railways during elections.

Financial IT systemsEnterprise architectureDigital payment initiativesFinancial ManagementIT Systems Management

Ministry of railways, government of india

Joint Director(Finance-Commercial and PPP)

Jan 2022 – Feb 2024 · 2 yrs 1 mo · New Delhi, Delhi, India

Contribute to policy formulation on commercial matters of Indian Railways, including freight pricing, passenger fare structures, cargo terminal development, container train operations, wagon leasing schemes, Ro-Ro services, and enhancement of non-fare revenue, with a strong financial focus.
Advise on PPP policy and project structuring, including development of model concession agreements and implementation of major PPP initiatives such as station redevelopment, renewable energy projects, and locomotive manufacturing.
Provide financial and policy inputs on strategic infrastructure initiatives such as Dedicated Freight Corridors, port connectivity through private investment, and high-speed rail projects.
Render financial advice on rolling stock procurement and modernization, including initiatives such as Vande Bharat trainsets and indigenous high-horsepower locomotive development.
Undertake unit costing and financial performance analysis of Indian Railways’ manufacturing units, production units, and workshops.
Conduct internal audit and financial oversight of zonal railways to strengthen accountability, compliance, and financial management across the organization.

PPP policyFinancial analysisInfrastructure initiativesCommercial PolicyFinancial Management

National health authority (nha)

2 roles

Chief Information Security Officer

Aug 2021 – Jan 2022 · 5 mos · New Delhi, Delhi, India

Led the information security team at NHA in successfully securing ISO/IEC 27001:2013 certification, establishing robust information security management systems and compliance frameworks.
Oversaw Web Application Security Audits (WASA) and Vulnerability Assessment & Penetration Testing (VAPT) for critical IT infrastructure and applications at NHA to strengthen cybersecurity resilience.

Information security managementCybersecurity auditsInformation Security

Deputy Director

Jun 2021 – Jan 2022 · 7 mos · New Delhi, Delhi, India

Led the Technology Division of Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY), one of the world’s largest public health assurance platforms serving 500+ million beneficiaries.
Developed the CoWIN payment portal to facilitate digital payments between vaccination centres and vaccine manufacturers.
Managed end-to-end technology operations and stakeholder coordination for key platform functions including beneficiary identification & enrollment, hospital empanelment, and delivery of cashless treatment.
Enabled integration with multiple central and state government health schemes, strengthening interoperability across India’s digital health ecosystem.
Implemented the e-RUPI digital voucher platform for targeted and transparent transfer of government benefits.
Oversaw IT procurement and deployment of e-governance infrastructure, including empanelment of software development agencies and onboarding of GIS and cloud service providers.
Received Letter of Appreciation for coordinating technology and logistics for major national and international events including the CoWIN Global Conclave and the launch of e-RUPI by the Prime Minister of India.

Technology operationsDigital health integrationHealth Technology Management

Indian railways

4 roles

Chief Information Security Officer

Mar 2021 – May 2021 · 2 mos

• Managed cybersecurity governance for critical IT systems, including vulnerability assessments, security training for personnel, and ensuring compliance with ISO/IEC 27001 standards.

Senior Information Technology Manager

Feb 2021 – May 2021 · 3 mos

• Headed IT infrastructure and software development for Western Railway, overseeing technology systems and coordinating with CRIS for application development, system upgrades, and software enhancements across the network.

Cybersecurity governanceVulnerability assessmentsInformation Security

Divisional Finance Manager

Jan 2019 – Feb 2021 · 2 yrs 1 mo

Awarded National Award for Outstanding Service by the Minister of Railways for contributions to financial management and IT system improvements.
Recipient of DRM Award for financial management of COVID-19 response initiatives in Mumbai Division, including setting up an RT-PCR laboratory and procurement of safety equipment.
Provided financial evaluation and advisory on major civil, electrical, signalling & telecommunication, and commercial projects, including expenditure monitoring and project appraisal.
Led revenue enhancement initiatives, financial scrutiny of medical expenditure, MIS reporting, management accounting, and monitoring of receivables from external agencies.

IT infrastructure managementSoftware development coordinationIT Management

Assistant divisional finance manager

Jun 2017 – Jan 2019 · 1 yr 7 mos

Financial managementProject appraisalFinancial Management

Election commission of india

Expenditure Observer 2020-Bye election

Oct 2020 – Dec 2020 · 2 mos · Gujarat, India

Served as Expenditure Observer for the Election Commission of India during the 2020 by-election in Dangs constituency, Gujarat, overseeing compliance with electoral expenditure regulations.
Supervised video surveillance, flying squad, static surveillance, and accounts teams to monitor and audit candidate expenditure, ensuring transparency and adherence to election guidelines.

National academy of indian railways,vadodara.

IRAS officer trainee

Aug 2015 – Jun 2017 · 1 yr 10 mos · Vadodara, Gujarat, India

Civil Services Probationary Officer, Indian Railway Accounts Service (IRAS), Government of India.
Awarded “Best IRAS Probationer” for the 2014 batch in recognition of outstanding performance during training.

Electoral complianceExpenditure monitoringRegulatory Compliance