StockWatch
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Housing Finance Company
Management Change16 Sept 2026, 05:30 pm

Repco Home Finance: Bakthavatsalu Kannan Appointed Chief Development Officer

AI Summary

Repco Home Finance Limited (RHFL) announced a management change. Mr. Paiyur Kuppuraman Vaidyanathan has ceased to be the Whole-time Director and Chief Development Officer effective September 16, 2026, due to his deputation from Repco Bank being reversed. Concurrently, Mr. Bakthavatsalu Kannan, currently a Whole-time Director, will assume the role of Chief Development Officer starting September 17, 2026. Mr. Kannan, who is on deputation from Repco Bank, brings over 31 years of banking experience.

Key Highlights

  • Mr. Bakthavatsalu Kannan appointed as Chief Development Officer.
  • Mr. Paiyur Kuppuraman Vaidyanathan ceases as Whole-time Director and CDO.
  • Changes are effective September 17 and September 16, 2026, respectively.
  • Mr. Kannan has over 31 years of experience in the banking sector.