DHFL Strengthens Leadership Team with Induction Of Santosh Nair as Chief Business Officer

DHFL, one of India's leading housing finance company in the private sector has strengthened its leadership team with the induction of Santosh Nair as Chief Business Officer. End Quote

(1888PressRelease) May 18, 2017 - In his new role Santosh will lead DHFL's business distribution channels across all retail asset product verticals and focus on further strengthening the effectiveness of the organisation's revenue generation process. Santosh will be based out of the National Office, Mumbai.

Santosh brings with him over two decades of multifaceted experience in the banking industry with expertise in Sales & Distribution, P & L management, Operations, Manpower & Team leadership. He has strong track record in optimal utilization of resources leading to enhanced profitability, possesses valuable industry insights and an excellent team player with expertise to implement best practices to achieve business excellence.

Commenting on the development, Mr. Harshil Mehta, Chief Executive Officer, DHFL said, "DHFL is at an exciting and dynamic growth phase as the organization undertakes rapid expansion across India and augments outreach to serve the LMI segment through its comprehensive bouquet of financial products. As one of India's leading housing finance companies, DHFL is placed well to leverage the high growth potential presented by the affordable housing finance industry. We welcome Santosh on board as DHFL infuses key capabilities into its leadership team to reinforce the organisation's focus on growth, productivity, customer centricity and take strong strides to strengthen the brand further."

Prior to joining DHFL, Santosh served as Executive Vice President, Business Head - Home Loans and Unsecured Loans with HDFC Bank Ltd. During his earlier assignments Santosh was associated with American Express Bank, Citicorp Maruti Finance Ltd and Kotak Mahindra Primus Ltd.

About DHFL
DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access for Indians to own a home of their own. Today, led by Mr. Kapil Wadhawan, CMD, DHFL, the company is CARE AAA rated and reckoned as one of India's leading financial institutions with a large presence across the country, in addition to representative offices in Dubai and London.

Throughout its years of growth, DHFL has stayed true to its core vision of financial inclusion, especially to the low and middle income customers across India. The Company's Asset under Management stands at Rs. 83,560 crore for the year ended March 31, 2017. DHFL's wide network, coupled with insights into local customer needs, has enabled the company to provide meaningful financial access to customers even in India's smallest towns. With a strong business foundation, an extensive distribution network, proven industry expertise and a deep understanding of the Indian customer, DHFL is a respected and trusted financial services company in India with a concerted focus towards enabling home ownership to the low and middle income customer. For further information, please visit http://www.dhfl.com/.

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