PNB Housing Finance's CEO Resigns
PNB Housing Finance's Managing Director and CEO Sanjaya Gupta has resigned from his post, less than a week before his term was scheduled to end on May 4. The board of directors has initiated a process to find his replacement. During the search period, the board has appointed Neeraj Vyas, who until now was an Independent Director of PNB Housing Finance, to assume the role of interim Managing Director and CEO until a successor is appointed. PNB Housing Finance Ltd is promoted by Punjab National Bank and is a registered company with the National Housing Bank (NHB). Its asset base comprises of retail loans and corporate loans.The country's fourth-largest housing finance company closed the financial year 2019-20 with healthy assets under management (AUM) of Rs 84,000 crore and deposit mobilisation of Rs 9,200 crore.
Tags : ALLIED Loans PNB Housing Finance Punjab National Bank Sanjaya Gupta Neeraj Vyas CEO Resigns