In a significant leadership change, Coal India Limited (CIL) — the world’s largest coal producer — has appointed Indian Revenue Service (IRS) officer Ashim Kumar Modi as a Part-Time Official Director on its Board. Modi officially assumed charge on October 15, 2025, succeeding Ashish Chatterjee, Additional Secretary & Financial Advisor in the Ministry of Coal, who vacated the post on the same day.
The Ministry of Coal issued a formal appointment order dated October 6, 2025, confirming Modi’s inclusion on the company’s Board.
Ashim Kumar Modi: Technocrat and Senior Financial Administrator
Currently serving as Joint Secretary and Financial Advisor in the Ministry of Coal, Ashim Kumar Modi brings a blend of technical and financial expertise to his new role. An alumnus of the Indian Institute of Technology (IIT) Delhi, he earned his B.Tech in Civil Engineering before joining the Indian Revenue Service (IRS).
Over the years, he has worked in key administrative and financial positions within the Income Tax Department, serving in major metros such as Kolkata, Mumbai, and Delhi. His vast experience in taxation, fiscal management, and public finance is expected to contribute significantly to CIL’s strategic and financial oversight.
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Additional Assignments and Governance Compliance
Apart from his new appointment in Coal India, Modi also serves as a Part-Time Official Director on the Board of South Eastern Coalfields Limited (SECL) — a fully owned subsidiary of CIL.
Coal India Limited has stated that Mr. Modi shares no familial or professional relationship with any current Board member. The company also confirmed that he has not been disqualified or barred by SEBI or any regulatory body, ensuring complete adherence to corporate governance and compliance standards.
About Coal India Limited
Established in 1975, Coal India Limited (CIL) is a Maharatna Public Sector Enterprise functioning under the Ministry of Coal, Government of India. As the largest coal producer globally, CIL contributes to over 80% of India’s domestic coal output, operating through multiple subsidiaries spread across different coalfields in the country.
The company plays a pivotal role in powering India’s economy, supplying coal to major thermal power plants, steel producers, and industrial consumers. In recent years, CIL has intensified its efforts toward sustainable mining practices, digital transformation, and environmental responsibility, aligning with India’s broader energy transition and development goals.
