IDFC appoints Mahendra Shah as MD & CEO effective from October 1

Daily Current Affairs / IDFC appoints Mahendra Shah as MD & CEO effective from October 1

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Category : Appointment/Resignation Published on: August 27 2022

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Private lender IDFC has appointed Mahendra Shah as managing director and chief executive officer with effect from October 1, 2022.
Shah will replace incumbent MD and CEO Sunil Kakar, whose term will end on September 30, 2022.
Shah was the group company secretary and group compliance officer of IDFC FIRST Bank Ltd and has been the group head — governance, compliance and secretarial and senior advisor — taxation at IDFC Ltd for more than a decade.
Prior to joining IDFC in 2001, Shah worked with International Paper Ltd for a period of six years as director of finance and company secretary.