Management Change31 Aug 2026, 04:19 pm
Muthoot Capital Services: Head-Credit Change
AI Summary
Muthoot Capital Services Limited announced a change in its Head-Credit position. Mr. Ajay Muchhal resigned from the role effective August 31, 2026, citing personal reasons. The company's Board of Directors, based on the Nomination and Remuneration Committee's recommendation, approved the appointment of Ms. Vidya Awasthi as the new Head-Credit, effective September 02, 2026. Ms. Awasthi brings over 19 years of experience in credit risk management across various financial institutions.
Key Highlights
- Mr. Ajay Muchhal resigns as Head-Credit effective August 31, 2026.
- Ms. Vidya Awasthi appointed as new Head-Credit from September 02, 2026.
- Ms. Awasthi has over 19 years of experience in credit risk.
- Appointment approved by the Board of Directors.
- Resignation is due to personal reasons.
Price Impact
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