Girish Kousgi assumes charge as new MD -; CEO of PNB Housing

21 Oct 2022 , 09:15 AM

PNB Housing Finance Limited announces the resignation of Hardayal Prasad as Managing Director and Chief Executive Officer of PNBHF for personal reasons. Prasad’s tenure as PNBHF’s Managing Director and Chief Executive Officer will end on October 20, 2022, at the end of business hours. He has volunteered to remain an advisor to the Company in order to enable a seamless transition.

Girish Kousgi, who has over 25 years of expertise in the mortgage and retail lending industries, will join PNBHF as the new Managing Director and Chief Executive Officer on October 21, 2022.

“PNBHF is an exceptional, well-respected housing finance company that has gained the confidence of its clients throughout the country and is particularly positioned to exploit market possibilities in the salaried, non-salaried, and affordable housing mortgage industry,” said Girish Kousgi.

Kousgi was previously the MD and CEO of Can Fin Homes Ltd. He formerly held top management positions at HDFC Ltd., ICICI Bank, IDFC First Bank, and Tata Capital.

At around 9.17 AM, PNB Housing Finance was trading at Rs444 down by 0.02% from its previous closing of Rs444.10 on the BSE.

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