TRF Limited announced that at its board meeting held on January 29, 2018, approved relinquishment of Managing Director's Office and membership of the Board by Mr. P. S. Reddy with effect from February 1, 2018 for an assignment in Tata Steel Group. The board appointed Mr. Sanjay Rajoria as Additional Director and Managing Director with effect from February 1, 2018. The board also appointed Mr. K Sujit Mathai Mathew as the Chief Financial Officer of the company with effect from February 1, 2018 and approved stepping down of Mr. Subhashish Datta as the CFO of the company with effect from February 1, 2018 to take up a new assignment in the company.

Mr. Sanjay Rajoria Joined Tata Steel in 1988 as Graduate Trainee. At present, working as GM, Raw Material and Infrastructure Projects. Mr. K Sujit Mathai Mathew joined Tata Steel in 1996 in Delhi.

Promoted in 2009 as Head Sales and EPA Accounts at Jamshedpur handling the three broad areas of Debtors, Steel Processing Centers and Freight at Tata Steel Level. Since 2014 Mr. Mathew was made additionally responsible as convener of four working capital review committees at Tata steel level, he played pivotal role in multiple initiatives to establish process for the finance department.