Indiabulls Housing Fin appoints former BoI MD as independent director
Mortgage lender Indiabulls Housing Finance Board on Saturday approved the appointment of Dinabandhu Mohapatra as an independent director of the company with effect from November 23.
Mohapatra, former Managing Director and CEO of Bank of India, is a seasoned and committed banker, with a career spanning over three decades, during which he held various high level positions, including Executive Director of Canara Bank and Chief Executive Officer of Hong Kong and Singapore Centres of BoI, the company said in a statement.
The company said Mohapatra does not hold any shares in the company and is not related to any other director of the company.
“Presently, he is not on the Board of any other company. Mohapatra is not debarred from holding the office of director by virtue of any order passed by SEBI or any other such authority,” said Indiabulls Housing Finance.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
