Poonawalla Fincorp Limited announced that Vijay Deshwal has resigned from the role of Chief Executive Officer of the company, with effect from March 4, 2022. He has decided to take up the strategic role within the company, the statement said. According to the company’s exchange filing, “We hereby inform you that Mr. Vijay Deshwal, Chief…
Vijay Deshwal has joined Poonawalla group acquired Magma Fincorp Ltd, as its Group CEO. In his new role, he would be responsible for the Lending and Housing Finance business along with its Insurance business. He will be based out of the Pune corporate office. Vijay Deshwal, a post-graduate from Indian Institute of Management Ahmedabad (IIMA)…
Magma Fincorp Limited, a Mumbai-based non-deposit taking non-banking finance Company (NBFC), announced a series of leadership changes following the Poonawala-controlled Rising Sun Holdings acquiring controlling stake through an equity infusion of Rs 3,456 crore in May 2021. The Board, on Monday, appointed Adar Poonawalla as the Chairman of the Company. The Company has also appointed…