Sanjay Shukla Assumes Charge As M.D Of National Housing Bank

The National Housing Bank announced that Sanjay Shukla has officially taken on the role of managing director (MD) as of July 30, 2024. A seasoned chartered accountant with over three decades of experience in housing and retail asset finance, Shukla has a distinguished history of leading and transforming financial institutions.

About Sanjay Shukla

He began his career in 1991 as an officer at LIC Housing Finance Limited, the National Housing Bank (NHB) said in a statement. Shukla’s career also includes key positions such as business head of consumer assets at ING Vysya Bank, where he was instrumental in establishing and expanding the consumer loan segment. He played a critical role in launching Tata Capital’s retail housing finance business as its first business head.

Founding managing director and chief executive officer

Before joining NHB, Shukla was the founding managing director and chief executive officer (CEO) of Centrum Housing Finance Limited (CHFL) from October 2016. Under his leadership, CHFL saw substantial growth and stability. Prior to his tenure at CHFL, Shukla was the managing director and CEO of Cent Bank Home Finance Ltd (CBHFL), where he significantly enhanced the company’s assets under management and improved asset quality within three years, the statement said.

Vice president and area director

Additionally, Shukla spent eight years at Citibank, where he served as vice president and area director, managing the expansion of mortgage distribution in Tier-II and Tier-III cities. With his extensive background and proven expertise, Sanjay Shukla is set to guide NHB through its next phase of growth and development, the statement further said.