PNB Housing Finance Appoints Ajai Kumar Shukla as New MD & CEO for 5 Years

PNB Housing Finance mentioned on Friday its board accredited the appointment of Ajai Kumar Shukla as managing director and chief govt 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 the moment serving because the Chief Enterprise Officer.

Over time, he has dealt with a number of key features at Tata Capital Housing Finance, together with Credit score, Threat, Valuation, Digital Transformation and Inexpensive Housing Finance. His expertise spans a number of important areas which might be 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 isn’t associated to any of its promoters, members of the promoter group, or any of the administrators.

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