PNB Housing Finance Limited has announced the appointment of Mr. Ajai Kumar Shukla as Managing Director & Chief Executive Officer, effective December 18, 2025.
The decision follows Board approval and recommendations from the Nomination and Remuneration Committee, along with necessary regulatory clearances.
Mr. Shukla has over 30 years of experience in housing and mortgage lending. During his 16-year stint at Tata Capital Housing Finance Limited, he led several strategic initiatives across affordable housing, risk management, valuation and digital transformation. His earlier assignments include roles at ICICI Bank and LIC Housing Finance.
He holds a postgraduate degree in Finance from CSJM University, Kanpur, and a Bachelor’s degree in Science from Kanpur University.
