StockWatch
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Non Banking Financial Company (NBFC)
Management Change22 Jun 2026, 12:58 pm

PTC India Financial Services Extends Chief Risk Officer Tenure

AI Summary

PTC India Financial Services Ltd. announced the extension of Shri Devesh Singh's tenure as Chief Risk Officer for a further two years, effective June 26, 2026. This re-appointment underscores confidence in his leadership and extensive experience in risk management. Shri Singh, who has been with the PTC Group for 17 years and joined PFS in 2011, brings over 22 years of experience in corporate banking, treasury, and risk management. His role is crucial for maintaining robust risk practices and governance frameworks within the company.

Key Highlights

  • Chief Risk Officer tenure extended by two years.
  • Extension effective from June 26, 2026.
  • Shri Devesh Singh has over 22 years of experience.
  • He is a Key Managerial and Senior Managerial Personnel.
  • The board expressed strong confidence in his capabilities.