StockWatch
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Housing Finance Company
Management Change28 Oct 2026, 03:55 pm

GIC Housing Finance Appoints Lavanya Mundayur as Additional Director

AI Summary

GIC Housing Finance Ltd has announced the appointment of Smt. Lavanya Mundayur as an Additional Director (Non-Executive Director) to its Board. The appointment, effective October 28, 2026, is subject to shareholder approval. Smt. Mundayur brings over three decades of experience in the insurance sector, having previously served as Chairman cum Managing Director at The New India Assurance Company Limited and Agriculture Insurance Company of India Ltd. She has held leadership roles in underwriting and claims, and has international experience. She holds a postgraduate degree in Analytical Chemistry and is a Fellow of the Insurance Institute of India.

Key Highlights

  • Smt. Lavanya Mundayur appointed as Additional Non-Executive Director.
  • Appointment effective October 28, 2026, pending shareholder approval.
  • Mundayur has over 30 years of experience in the insurance sector.
  • She previously led The New India Assurance Company Limited.
  • No inter-se relationship between directors disclosed.