Categories: Appointments

IDFC named Mahendra Shah as MD & CEO effective from October 1

The IDFC Ltd board has approved the appointment of Mahendra N Shah as managing director-designate of the company with effect from October 1, 2022, till September 30, 2023, subject to the approval of the shareholders. The term of Sunil Kakar as managing director & CEO of the company will end on 30 September 2022. Mahendra N Shah was the group company secretary & group chief compliance officer of IDFC First Bank and has been the group head of governance, compliance & secretarial and senior advisor of taxation at IDFC for more than a decade.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

Prior to joining IDFC in 2001, Shah has also worked with International Paper Limited for a period of six years as Director of Finance and Company Secretary, where he was in charge of the finance function and regulatory compliances.

Important takeaways for all competitive exams:

  • IDFC Ltd Headquarters: Mumbai;
  • IDFC Ltd CEO: V. Vaidyanathan (19 Dec 2018–);
  • IDFC Ltd Founded: October 2015.

Find More Appointments Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

MEITY & MEA Enable Paperless Passport Verification via DigiLocker

In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…

36 mins ago

Meet the World’s Youngest Self-Made Woman Billionaire Luana Lopes Lara

In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…

1 hour ago

Australia’s Victoria University to Open First India Campus in Gurugram by 2026

In a significant development for higher education in India, Victoria University (VU) from Australia is…

1 hour ago

Which Lake is known as the Lake of Tears? Know the Name

Many lakes around the world are known by special names because of their stories, beauty,…

1 hour ago

RBI Monetary Policy December 2025: Why India Cut Rates and What It Means for the Economy

Under Section 45ZL of the Reserve Bank of India Act, 1934, every quarter, India’s Monetary…

2 hours ago

National Conservation Programmes in India: Protecting Tigers, Dolphins, Elephants, Bears, Crocodiles and More

India hosts nearly 8% of the world’s biodiversity, making conservation crucial for ecological balance and…

2 hours ago