SS Mundra becomes new non-executive Chairman of IBH

Former RBI deputy governor, Subhash Sheoratan Mundra has been appointed as non-executive chairman of Indiabulls Housing Finance (IBH) with immediate effect. He had joined the board of IBH in 2018 as an independent director.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: WARRIOR 2.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Sameer Gehlaut, the co-founder and Chairman of Indiabulls Housing Finance Ltd ( IBHFL) has stepped down as the Executive Chairman of the company, and taken up the role of Non-Executive, Non-Independent Director of IBHFL. He has stepped down to take charge as Chief Executive Officer (CEO) of Indiabulls Ventures Ltd, a subsidiary company of IBHFL.

Important takeaways for all competitive exams: