Tag Archives: Poonawalla Fincorp

In a shocking development at Poonawalla Fincorp Limited, Dhiraj Saxena, the company’s Chief Technology Officer (CTO), resigned on December 3, citing harassment and “unnecessary interventions” by the company's Chief Human Resource Officer (CHRO). Saxena’s resignation letter, which was submitted in September but came to light on December 6 through a regulatory filing, highlighted ongoing tensions between the IT department and the HR leadership.

Poonawalla Fincorp, a leading financial institution, has announced the appointment of Arvind Kapil as its new Managing Director and Chief Executive Officer (MD & CEO), effective from June 24, 2024, for a five-year term. This decision comes following the retirement of Abhay Bhutada, who will transition to a non-executive director role within the company.