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

New Orchid Species Discovered in Kanthalloor, Kerala

India’s biodiversity has gained fresh attention after scientists discovered a new orchid species in Kerala’s…

4 mins ago

Adampur Airport Renamed Sri Guru Ravidas Maharaj Ji Airport

Punjab’s aviation map witnessed a symbolic and developmental shift on 2 February 2026. Prime Minister…

34 mins ago

Devika Sihag Wins Maiden BWF Super 300 Title at Thailand Masters

Indian badminton has a new rising star. Devika Sihag, a 20-year-old shuttler from Haryana, has…

34 mins ago

Army and ITBP Join Forces in Arunachal For Exercise Agni Pariksha

Exercise Agni Pariksha has recently drawn attention after being conducted in Arunachal Pradesh. The joint…

39 mins ago

Which Indian City is known as the Shrimp Capital of India?

Shrimp farming has become one of the most important parts of India’s coastal economy. With…

42 mins ago

How Did India Become Major Engine of Global Urban Growth in 2025

India has officially become one of the top engines of global urban growth in 2025,…

49 mins ago