Container Corporation of India Ltd. (CONCOR) has formally announced a change in its top leadership position. This disclosure serves as a regulatory filing regarding the appointment of a new Chairman and Managing Director (CMD).

Leadership Transition Details

  • Outgoing CMD: Shri Sanjay Swarup (DIN: 05159435) ceased to hold the office of CMD of CONCOR upon his superannuation on 31 July 2026.
  • Incoming CMD: Shri Ajit Kumar Panda (DIN: 08221385) has taken over the charge of the post of Chairman and Managing Director of CONCOR effective 01 August 2026.
  • Tenure: Shri Panda's appointment is valid from the assumption of charge on 01 August 2026 until 31 August 2028 (his superannuation date) or until further orders, whichever occurs earlier.

Background of New CMD

Shri Ajit Kumar Panda holds a BSc Engineering in Mechanical Engineering from NIT, Rourkela and an M.Tech (Thermal Engineering) from IIT, Delhi. He is an Officer of Indian Railway Service of Mechanical Engineers (1990 batch) with 35 years of experience in railway services, operations, logistics, productions, infrastructure, Rolling Stock and Public Private Partnerships.

Prior to this appointment, he served as Director (Projects & Services) of CONCOR since December 2022, where he was responsible for CONCOR's infrastructure including Multi Modal Logistics Parks, acquisition of new Rolling Stock, Containers and handling machines, and development of CONCOR's MIS and IT platforms.

His previous experience includes:

  • Executive Director (Mechanical Engineering and Project Planning & Development) in Rail Vikas Nigam Limited (RVNL)
  • Director (Production Units and Efficiency & Research), Ministry of Railways (Railway Board)
  • Chief Workshop Manager, East Coast Railway, Mancheswar
  • Various positions in South Eastern Railway
  • Director on boards of four SPV companies: Haridaspur Paradip Railway Company Limited, Angul Sukinda Railway Limited, Kutch Railway Company Limited, and Krishnapatnam Railway Company Limited

He has been a two-time recipient of the Railway Minister's National Award for Outstanding Service.

Updated Board of Directors

The disclosure includes the complete list of Board of Directors as of 01 August 2026:

1. Shri Ajit Kumar Panda - Chairman and Managing Director

2. Shri Vijoy Kumar Singh - Director (International Marketing & Operations) with additional charge of Director (Projects & Services)

3. Shri Harbrinder Singh Bajwa - Director (Domestic Division) (Additional Charge)

4. Shri Vivek Gupta - Director (Finance) & CFO

5. Shri Rahul Agarwal - Part Time Government Director (Pr. Executive Director/ TT (M), Railway Board)

6. Shri Rakesh Kumar Rousan - Part Time Government Director (Executive Director/ BD, Railway Board)

All directors are based at CONCOR Bhawan, C-3, Mathura Road, Opposite Apollo Hospital, New Delhi - 110076, except the government directors who are based at Rail Bhawan, New Delhi.

Financial Impact

No specific financial impact quantified in the disclosure. This is primarily a management change announcement.