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Executive Movements

Amit Singh appointed Chief People Officer at PNB Housing Finance

PNB Housing Finance announced the appointment of Amit Singh as Chief People Officer. Prior to this role, Singh headed HR department in SBI Mutual Fund. Singh brings in 18 years of experience in building performance led, competitive teams for the successful functioning in fast growing organisations. Before SBI Mutual Fund, he was Director & Business […]

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Investment

PNB Housing Finance Board approves capital raise proposal of Rs 4,000cr led by Carlyle

PNB Housing Finance Limited, one of the largest housing finance companies in India, announced that its Board has approved a capital raise of up to INR 4,000 crore, led by entities affiliated to The Carlyle Group Inc (Carlyle). Pluto Investments S.a.r.l., an affiliated entity of Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V, […]

Categories
Executive Movements

Ashwini Kumar Tewari appointed MD and CEO of SBI Card

SBI card, the country’s second largest credit card issuer, announced that Ashwini Kumar Tewari has taken over as the company’s new Managing Director and Chief Executive Officer, effective August 1, 2020. He replaced Hardayal Prasad who retired on July 31, 2020. Ashwini Kumar Tewari is a career banker with over 29 years’ experience with State […]