Ajai Kumar Shukla Takes Charge as Managing Director & CEO of PNB Housing Finance

PNB Housing Finance Limited has named Ajai Kumar Shukla as its new Managing Director & Chief Executive Officer, with effect from December 18, 2025, for a five-year term.

Mr. Shukla, a seasoned housing finance professional, joins the company after a long tenure at Tata Capital Housing Finance Limited, where he played a key role in driving business growth and strengthening risk, credit and digital capabilities. He has also previously worked with ICICI Bank and LIC Housing Finance Limited.

Welcoming him to the organisation, Shri. D. Surendran, Chairperson, Non-Executive Nominee Director, said the Board was confident that Mr. Shukla’s experience would help the company scale its next phase of growth.

Responding to his appointment, Mr. Ajai Kumar Shukla said:
“PNB Housing Finance has established itself as a leading, trusted, and admired organization with a strong legacy in the housing finance sector. I am honoured and excited to join the Company as MD & CEO at a pivotal time as we align with the growth aspirations of the country. I look forward to working together with the respected Board, able senior leadership and a team of highly skilled employees as we enter a dynamic new chapter of purpose and progress. We will continue to drive operational excellence, strengthen customer trust and position PNB Housing Finance as a benchmark for innovation and inclusive growth in the industry.”