The board of Indiabulls Housing Finance Ltd. has permitted the appointment of Dinabandhu Mohapatra as unbiased director with impact from Nov. 23.
Mohapatra, the previous managing director and chief government officer of Financial institution of India, is a seasoned and dedicated banker, with a profession spanning over three a long time, throughout which he held numerous high-level positions—together with government director of Canara Financial institution and CEO of Hong Kong and Singapore centres of Financial institution of India, the corporate mentioned in a press release.
Mohapatra doesn’t maintain any shares in Indiabulls Housing Finance and isn’t associated to some other director of the corporate, based on the assertion.
“Presently, he’s not on the board of some other firm. Mohapatra will not be debarred from holding the workplace of director by advantage of any order handed by SEBI or some other such authority,” the assertion learn.