Management Change6 Aug 2026, 06:03 pm
Satin Creditcare Appoints New CHRO, Amends Trust Deed
AI Summary
Satin Creditcare Network Ltd announced the appointment of Mr. Paramjit Singh Nayyar as Chief Human Resource Officer (CHRO) and Senior Management Personnel, effective August 6, 2026. Mr. Nayyar brings over 26 years of experience in HR leadership across various industries, including NBFCs and insurance. Concurrently, the company approved amendments to the Trust Deed of the Satin Employees Welfare Trust, including the induction of Mr. Nayyar as a Trustee. These changes were approved via circular resolutions by the Board of Directors.
Key Highlights
- Mr. Paramjit Singh Nayyar appointed as Chief Human Resource Officer.
- Nayyar brings over 26 years of HR experience, including NBFC sector.
- Trust Deed of Satin Employees Welfare Trust amended.
- Mr. Nayyar inducted as a Trustee to the Welfare Trust.
- Board approved changes via circular resolution on August 6, 2026.
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