PNB Housing Finance has announced the appointment of the former SBI Card head, Hardayal Prasad as its new managing director and chief executive officer. Prasad will take over from, Neeraj Vyas the current interim managing director and chief executive officer of the company, will step down from the position on August 10.
Prasad is experienced in banking, international operations at SBI and SBI Cards and Payment Services (SBI Card). He resigned from the post of MD and CEO of SBI Card pursuant to voluntary retirement from SBI, the promoter of SBI Card on 15th July 2020 which came to effect on 31st July 2020.
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