Following a directive from the Ministry of Finance, Palash Srivastava has taken over as the Managing Director (Additional Charge) of India Infrastructure Finance Company Limited (IIFCL). Srivastava is currently serving as the Deputy Managing Director at IIFCL.
An alumnus of MNIT Jaipur, Srivastava holds a Bachelor’s degree in Civil Engineering and an MBA from RA Podar Institute of Management, Mumbai. He brings nearly three decades of experience across the infrastructure ecosystem, including sectors like transport, urban infrastructure, logistics, water, renewable energy, and agri-warehousing.
Strategic Leadership at IIFCL
Srivastava has played a pivotal role in strengthening IIFCL’s strategic engagement in infrastructure financing, policy advisory, and project development. His leadership has been marked by:
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Innovative financing mechanisms
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International collaborations
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Regulatory and policy dialogues
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Participation in sustainability-driven forums
He has actively represented IIFCL at various national and international policy platforms, reinforcing the company’s role in promoting inclusive and climate-resilient infrastructure.
Broader Contributions
Before joining IIFCL, Srivastava held leadership roles at IDFC Group, CRISIL, IL&FS, Feedback Ventures, and the Aditya Birla Group. He has also contributed to key national policy initiatives, including:
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National PPP Capacity Building Programme
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Kelkar Committee
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12th Plan Working Group on Urban Financing
Srivastava’s appointment is seen as a move to consolidate IIFCL’s role as a central player in India’s infrastructure development landscape, ensuring alignment with national priorities and sustainable growth goals.
