Piramal Enterprises Limited (PEL) announced the appointment of Yesh Nadkarni as CEO of Wholesale lending, in Piramal Capital & Housing Finance Limited (PCHFL), a wholly owned subsidiary of PEL, with a primary focus on real estate lending business. In his role, Yesh will be responsible for further expanding PCHFL’s wholesale lending business, building a high…
Piramal Enterprises Limited announced the payment of consideration for the acquisition of Dewan Housing Finance Corporation Ltd. (DHFL). Speaking on the development, Ajay Piramal, Chairman, Piramal Group said, “We are very pleased to announce the consideration payment made towards the completion of this exciting acquisition. This accelerates our plans to become a leading digitally oriented,…
Piramal Enterprises announced the appointment of Kalpesh Kikani as Chief Executive Officer of AUM Alternatives Business managed through Piramal’s subsidiaries and joint ventures. Kikani comes with over 25 years of expertise in investing and financial services including a decade as founding managing director at AION Capital, a JV between Apollo Global Management and ICICI Group,…
Piramal Enterprises Limited announced the appointment of Jairam Sridharan as Chief Executive Officer (CEO) of its Consumer Finance Business. Prior to joining, he was President, Retail Lending and Payments at Axis Bank, where he led the transformation of Axis into a retail bank growing the book six times in five years. During this period, Axis…