PNB Housing Finance Limited today announced that Mr. Ajai Kumar Shukla has assumed charge as the Managing Director and Chief Executive Officer of the Company with effect from December 18, 2025. His appointment is for a period of five years and has been approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, along with the receipt of requisite regulatory approvals.
Mr. Ajai Kumar Shukla is a seasoned professional with over three decades of experience in the housing and mortgage lending industry. He joins PNB Housing Finance from Tata Capital Housing Finance Limited, where he spent 16 years in senior leadership roles. During his tenure, he led several critical functions including business growth, credit, risk management, valuation, digital transformation, and affordable housing finance.
Before joining Tata Capital Housing Finance, Mr. Shukla was associated with ICICI Bank and LIC Housing Finance Limited, gaining extensive exposure across banking and housing finance operations.
Mr. Shukla holds a postgraduate degree in Finance from CSJM University, Kanpur, and a Bachelor of Science degree from Kanpur University.
