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

Category : Appointment/Resignation
Published on: August 27 2022 Share on facebook

  • 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.
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