Daily Current Affairs / Anand Piramal Appointed Chairman of Piramal Finance
Category : Appointment/Resignation Published on: September 29 2025
Anand Piramal has been appointed as the Chairman of Piramal Finance, the non-banking financial arm of the Piramal Group. He succeeds his father, Ajay Piramal, following the merger of Piramal Enterprises with Piramal Finance, which was approved by the National Company Law Tribunal (NCLT). Anand Piramal, who joined the Piramal Group in 2019, has played a pivotal role in the company's strategic initiatives, including the acquisition of Dewan Housing Finance Corporation (DHFL) and the transformation of Piramal Finance into a leading retail-focused financial services provider. Under his leadership, Piramal Finance aims to achieve a 25% growth in assets under management (AUM) and a profit of ₹1,300–1,500 crore in the fiscal year 2026.