The company has appointed Ajai Kumar Shukla as Managing Director & CEO for a five‑year term starting 18 December 2025, subject to shareholder and regulatory approvals; he brings over 30 years of housing/mortgage experience and succeeds Girish Kousgi. The move comes as competition in prime housing loans intensifies and PNB Housing doubles down on affordable and emerging markets segments, where Shukla’s background is expected to help sustain above‑industry growth.

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