Archive · 28 Oct 2025
PNB Housing Finance MD & CEO Girish Kousgi Steps Down; New Appointment Underway
The top boss of PNB Housing Finance, Girish Kousgi, has left his job.
He had told the company he was leaving in July, and his last day was October 28, 2025.
The company is now working with regulators to find and approve a new leader.
While they look for someone new, another executive named Jatul Anand will lead the team.
The company's board, led by D. Surendran, will guide the interim leadership.
PNB Housing Finance recently shared good financial results, with profits going up and fewer bad loans.
The company's stock price also saw a small increase.
Girish Kousgi has vacated his position as MD & CEO of PNB Housing Finance.
PNB Housing Finance is undergoing the regulatory process to appoint a new MD & CEO.
Executive Director Jatul Anand will lead the management team in the interim.
Kousgi's resignation was accepted by the board on July 31.
The company reported a 24% year-on-year rise in profit to ₹582 crore for the September quarter.
- Who
- Girish Kousgi, Managing Director and Chief Executive Officer of PNB Housing Finance
- What
- Has vacated his office, with the company initiating the regulatory process for appointing a new MD & CEO.
- When
- October 28, 2025
- Where
- PNB Housing Finance Ltd
- Why
- Kousgi tendered his resignation on July 30, which was accepted by the board.
- Outgoing MD & CEO
- Girish Kousgi
- Last Day of Service
- October 28, 2025
- Interim Lead
- Jatul Anand, Executive Director
- Board Chairman
- D. Surendran
- September Quarter Profit
- ₹582 crore (24% YoY rise)
- Gross NPA (September Quarter)
- 1.04%
