Religare Housing Finance Appoints Pankaj Rathi as CFO

Religare Housing Development Finance (RHDFCL) has announced the appointment of Pankaj Rathi as its new Chief Financial Officer (CFO).

As per company's note, he will focus on strengthening the financial foundation supporting its growth. His priorities include building a diversified and cost-efficient funding base, maintaining capital adequacy and ensuing disciplined balance sheet management in line with regulatory requirements.

Pankaj will also oversee the strengthening of the company's financial governance and compliance frameworks across applicable RBI and NHB norms to support scalable and sustainable growth.

He thanked the Board of Directors for giving him the opportunity to be part of RHDFCL's
growth journey. "I look forward to partnering with the team to execute the company’s vision and
enhance value for its shareholders, people and all stakeholders.”

A Chartered Accountant and Company Secretary, Pankaj brings over 15 years of experience in banking and financial services.

Indranil Choudhury, Group CHRO, Religare Enterprises, expressed hope that Pankaj's appointment will further strengthen the company's financial foundation as it continues to grow. "Pankaj brings the kind of financial leadership RHDFCL requires at this stage of its growth. His experience in scaling housing finance businesses, managing complex capital structures and operating within demanding regulatory environments makes him well-suited for this role."

Pankaj was earlier with Grihum Housing Finance for a period of five years at its CFO. Prior to this, he spent nearly seven years at Xander Finance, an NBFC backed by the Xander Group, rising to CFO and overseeing financial reporting, regulatory compliance and fundraising.

His earlier career includes stints at JM Financial, E&Y, and PwC, gaining broad experience across financial
reporting, financial audits/ diligence, regulatory compliance, taxation, and business strategy.