Bengaluru: PNB Housing Finance Limited has named Mr. Ajai Kumar Shukla as its Managing Director & Chief Executive Officer for a five-year term, effective December 18, 2025. His appointment, cleared by the Board and supported by the Nomination and Remuneration Committee, follows necessary regulatory approvals.
Mr. Shukla brings more than 30 years of experience in housing and mortgage finance. He previously spent 16 years at Tata Capital Housing Finance in senior leadership roles and has worked with ICICI Bank and LIC Housing Finance.
Welcoming him on board, Chairperson and Non-Executive Nominee Director Shri D. Surendran said Mr. Shukla’s industry expertise and leadership strengths will support the company’s next stage of growth and enhance value for stakeholders.
Mr. Shukla expressed enthusiasm about joining the organisation, noting PNB Housing Finance’s strong reputation and growth potential. He said he looks forward to working closely with the Board and teams to build further on operational excellence, customer trust, innovation, and inclusive growth.
He holds a postgraduate degree in Finance from CSJM University, Kanpur, and a Bachelor’s degree in Science from Kanpur University.
