(THE NEWSMAN OF INDIA.COM) In a significant development for the Ministry of Railways, the Appointments Committee of the Cabinet (ACC) has approved the appointment of Vilas Sopan Wadekar as the Chairman and Managing Director (CMD) of the Mumbai Rail Vikas Corporation Limited (MRVC). This decision comes after consideration and recommendations made by the Public Enterprises Selection Board (PESB).

Wadekar, who currently holds the position of Director (Technical) at MRVC, will assume his new role as CMD from February 1, 2025. His tenure is set to last until his superannuation on July 31, 2028, or until further orders, whichever occurs earlier.

This appointment reflects the Ministry of Railways’ continued efforts to identify and promote experienced professionals within its ranks to leadership positions. Under Wadekar’s leadership, MRVC is expected to continue its pivotal role in developing and improving the suburban rail network in Mumbai, which serves as a lifeline for millions of commuters.

As CMD, Wadekar will oversee the execution of key rail infrastructure projects in Mumbai and ensure the smooth operation and enhancement of services. His expertise and technical acumen will be instrumental in steering MRVC towards achieving its long-term goals of modernizing and expanding Mumbai’s rail network.

This marks a promising chapter for MRVC under the leadership of Mr. Vilas Sopan Wadekar, as the corporation strives to meet the growing demands of urban transportation in India’s financial capital.