Ajai Kumar Shukla Takes Cost as MD & CEO of PNB Housing Finance for 5 Years

PNB Housing Finance stated on Friday its board accepted the appointment of Ajai Kumar Shukla as managing director and chief government officer for a five-year time period beginning Dec 18.

Shukla has a 30-year lengthy expertise within the housing finance and mortgage sector. He has been related to Tata Capital Housing Finance Ltd for the final 16 years, the place he’s at present serving because the Chief Enterprise Officer.

Through the years, he has dealt with a number of key features at Tata Capital Housing Finance, together with Credit score, Threat, Valuation, Digital Transformation and Reasonably priced Housing Finance. His expertise spans a number of important areas which are central to the functioning of a housing finance firm.

Earlier than becoming a member of Tata Capital, Shukla labored with ICICI Financial institution for greater than seven years in its mortgage enterprise. Throughout his tenure there, he dealt with varied roles and obligations throughout completely different areas. His foundational expertise within the sector started with LIC Housing Finance Restricted, the place he began his profession and labored for seven years.

The corporate clarified that Ajai Kumar Shukla shouldn’t be associated to any of its promoters, members of the promoter group, or any of the administrators.

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