Aavas Financiers Announces Leadership Change: Manu Singh to Succeed Sachinderpalsingh Bhinder
Bhinder steps down as Aavas Financiers MD & CEO; Manu Singh to succeed
Business Standard
Image: Business Standard
Aavas Financiers has accepted the resignation of Sachinderpalsingh Bhinder as MD and CEO, effective April 20, 2026. Manu Yeshpal Singh will take over the role starting April 21, 2026, pending approvals from the Reserve Bank of India and shareholders. Bhinder will remain as a senior advisor.
- 01Sachinderpalsingh Bhinder resigns as MD and CEO effective April 20, 2026.
- 02Manu Yeshpal Singh appointed as new MD and CEO effective April 21, 2026, pending approvals.
- 03Bhinder will continue as a senior advisor to ensure continuity.
- 04Singh brings over 20 years of experience in retail lending and housing finance.
- 05His previous roles include positions at Kotak Mahindra Bank and ICICI Bank.
Advertisement
In-Article Ad
Aavas Financiers, a prominent housing finance company in India, has announced the resignation of Sachinderpalsingh Bhinder from his role as managing director (MD) and chief executive officer (CEO), effective April 20, 2026. The board has approved Manu Yeshpal Singh as his successor, with his appointment set to take effect on April 21, 2026, pending necessary approvals from the Reserve Bank of India (RBI) and shareholders. Bhinder will remain with the company as a senior advisor, providing support during the transition. Manu Singh has over 20 years of experience in retail lending, housing finance, and consumer banking, having worked with notable institutions such as Kotak Mahindra Bank, Tata Capital, and ICICI Bank. His extensive background in financial products positions him well to lead Aavas Financiers into its next phase of growth.
Advertisement
In-Article Ad
The leadership transition at Aavas Financiers could influence the company's strategic direction and operational focus, potentially impacting its customers and stakeholders in the housing finance sector.
Advertisement
In-Article Ad
Reader Poll
Do you think the leadership change at Aavas Financiers will positively impact the company?
Connecting to poll...
More about Aavas Financiers
Read the original article
Visit the source for the complete story.