Shashi Verma is Director of Fares and Ticketing at Transport for London. He joined TfL in September 2002 in the Corporate Finance team.
Shashi has responsibility now for the operation of TfLÕs revenue collection system including the Oyster card, the largest smartcard based ticketing system in the world, and advising the Mayor of London on fares and ticketing policy.
Before being appointed to his current position Shashi was a Senior Principal in Corporate Finance with responsibility for Crossrail, a £16 billion project to build the next railway line in London. Shashi worked on managing the specification of the Crossrail project, building the business case, managing the planning process with the Crossrail Hybrid Bill and developing a funding and financing plan for the project.
Shashi came to TfL from consultants McKinsey and Company, where he worked with clients in the heavy industrials, mining and petroleum sectors.
Shashi has a Bachelor of Technology degree from the Indian Institute of Technology, Kharagpur, and a Master in Public Policy and an unfinished Ph.D. in Public Policy from the Kennedy School of Government at Harvard University. He taught at the Kennedy School for a year and received an award for excellence in teaching.
Appearing:
Day Three - Thursday 25 February 2010, Transport, Technology & Innovation Day
9am
Implementing a smart card for mass urban transit – delivering on the business case
The Oyster Card launch
Delivering ticketing innovation and evaluating the benefits
Exploring alternative ticketing solutions
Mr Shashi Verma,
Director of Fares and Ticketing, Transport for London