Board of Directors and its Committees

Thriving on excellence and uncompromising service standards, PNB Housing is a professionally managed organization with a board of directors consisting of distinguished personalities and professionals who have excelled in various fields including finance, taxation, insurance and statutory bodies. The board drives the vision of the company by its expertise in strategy formulation, policy and control, designed to deliver increasing value to stakeholders.

	Directors
	Atul Kumar Goel is a Non-Executive Nominee Director on our Board. He holds a bachelor’s degree in commerce from Meerut University. He is a member of the Institute of Chartered Accountants of India since 1988. He has over 30 years of experience in the banking sector. Previously, he was associated with UCO Bank as managing director and chief executive officer and Union Bank as executive director. He is currently the managing director and chief executive officer of Punjab National Bank. He is also serving as a director on the boards of Oriental Insurance Company Limited, Punjab National Bank (International) Limited, United Kingdom, National Credit Guarantee Trustee Company Limited, PNB MetLife India Insurance Company Limited and Indian Institute of Banking and Finance. He was appointed on our Board with effect from April 28, 2022.
	Sunil Kaul is a Non-Executive Nominee Director on our Board. He holds a bachelor’s degree in technology in electrical engineering from the Indian Institute of Technology, Bombay and a post-graduate diploma in management from the Indian Institute of Management, Bangalore. He has over 35 years of experience in retail and corporate banking, international personal banking, global transaction services and investing in financial services companies. Previously, he was associated with Citigroup, as president of Citibank Japan and the chairman of CitiCards Japan KK and CitiFinancial Japan KK. He is currently a managing director of Carlyle Singapore Investment Advisors Pte. Limited and is the sector lead for financial services for Carlyle Asia Buyout Advisory team. He is also serving as a director on the boards of Viyash Life Sciences Private Limited and Yes Bank Limited. He was appointed on our Board with effect from March 5, 2015.
	Chandrasekaran Ramakrishnan is an Independent Director on our Board. He holds a bachelor’s degree in mechanical engineering from the University of Madras and a post-graduate diploma in management from the Indian Institute of Management, Bangalore. Previously, he was associated with Cognizant Technology Solutions India Private Limited and with Tata Consultancy Services Limited. He is also serving as a director on the boards of LTI Mindtree Limited, L&T Technology Services Limited, Aujas Cybersecurity Limited, NSEIT Limited, KSL Digital Ventures Limited and Chennai City Football Club Private Limited. He has over 33 years of experience in field of information technology. He was appointed on our Board with effect from October 7, 2015.
	Nilesh Shivji Vikamsey is an Independent Director on our Board. He has a bachelor’s degree in commerce from the University of Bombay. He is a member of the Institute of Chartered Accountants of India since 1985. He has completed a post qualification course in information systems audit from the Institute of Chartered Accountants of India and a course in business consultancy studies conducted by Jamnalal Bajaj Institute of Management Studies, University of Mumbai in collaboration with Bombay Chartered Accountants’ Society. He has been associated with KKC & Associates LLP as partner since 1985. He is also serving as a director on the boards of Gati Limited, Thomas Cook (India) Limited, IIFL Finance Limited, 360 ONE WAM Limited (previously known as IIFL Wealth Management Limited), Gati-Kintetsu Express Private Limited, SOTC Travel Limited, Nippon Life India Trustee Limited, Thejo Engineering Limited and Allcargo Logistics Limited. He has over 37 years of experience in inter alia auditing and consultancy services. He was appointed on our Board with effect from April 22, 2016.
	Tejendra Mohan Bhasin is an Independent Director on our Board. He holds a bachelor’s degree in law from University of Delhi, a master’s degree in science from Meerut University, a master’s degree in business administration from University of Delhi and a doctorate degree in philosophy from University of Madras, Chennai. He is a certified associate of Indian Institute of Bankers. He was conferred honorary fellowship by the Governing Council of Indian Institute of Banking and Finance in 2010. He has over 37 years of experience in the banking sector. Previously, he was associated with Indian Bank as a chairman and managing director and was a vigilance commissioner in the Central Vigilance Commission for four years. He is currently the chairman of the Advisory Board for Banking and Financial Frauds which has been constituted by the Central Vigilance Commission. He is also serving as a director on the boards of Patanjali Foods Limited (previously known as Ruchi Soya Industries Limited), SBI Cards and Payment Services Limited, PNB Gilts Limited and SBI Life Insurance Company Limited. He was appointed on our Board with effect from April 2, 2020.
	Neeraj Vyas is a Non-Executive Non-Independent Director on our Board. He holds a bachelor’s degree and master’s degree in science from the Vikram University, Ujjain. He has 36 years of experience in the banking sector. Previously, he was associated with State Bank of India. He was appointed on our Board as Non-Executive Non-Independent Director with effect from September 1, 2020. Previously, he was an Independent Director from April 15, 2019 to April 28, 2020 in our Company and the Managing Director and Chief Executive Officer from April 28, 2020 to August 10, 2020.
	Sudarshan Sen is an Independent Director on our Board. He holds master’s degrees in science (mathematics) and business administration from the University of Delhi and the University of Birmingham, respectively. Previously, he was associated with the Reserve Bank of India as an executive director. He is also serving as a director on the boards of The Federal Bank Limited, Cashpor Micro Credit and Flexmoney Technologies Private Limited. He was appointed on our Board with effect from October 1, 2020.
	Kapil Modi is a Non-Executive Nominee Director on our Board. He holds a bachelor’s degree in technology in computer science and engineering from Indian Institute of Technology, Kharagpur and a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. He has over 15 years of experience in investment advisory. He is currently a managing director in Carlyle India Advisors Private Limited. He is also serving as a director on the boards of Nxtra Data Limited, Hexaware Technologies Limited, Varmora Granito Private Limited and VLCC Health Care Limited. He was appointed on our Board with effect from October 1, 2020.
	Gita Nayyar is an Independent Director on our Board. She holds a master’s degree in business administration from Amos Tuck School of Business Administration, Dartmouth College, United States of America. She is also serving as a director on the boards of Oriental Hotels Limited, Transport Corporation of India Limited, Glenmark Life Sciences Limited and Taj Sats Air Catering Limited. She is also a member of the board of governors of Indian Institute of Management Udaipur and of the governing body of HelpAge India. She was appointed on our Board with effect from May 29, 2021.
	Pavan Kaushal is an Independent Director on our Board. He holds a bachelor’s degree in commerce from University of Calcutta and a master’s degree in financial management from Jamnalal Bajaj Institute of Management Studies, University of Bombay. He is a member of the Institute of Chartered Accountants of India since 1985. He has over 32 years of experience in the financial services sector. Previously, he was associated with Fullerton India Credit Company Limited as chief operating officer and IDFC First Bank Limited as group executive president in risk department. He is also serving as a director on the boards of Innoven Capital India Private Limited, Asset Reconstruction Company (India) Limited, Lendingkart Finance Limited, Lendingkart Technologies Private Limited and Baroda Global Shared Services Limited. He was appointed on our Board with effect from October 27, 2022.
	Dilip Kumar Jain is a Non-Executive Nominee Director on our Board. He holds a bachelor’s degree in commerce from Rajasthan University. He is also a member of the Institute of Chartered Accountants of India since 1989. He has over 26 years of experience in the banking sector. He is currently the chief general manager at the finance division in Punjab National Bank. He is also serving as a director on the board of India SME Asset Reconstruction Company Limited. He was appointed on our Board with effect from November 4, 2022.
	Girish Kousgi is the Managing Director and Chief Executive Officer of our Company. He holds an executive master’s diploma in business administration from Indian Institute of Commerce and Trade. He has over 21 years of experience in the financial services sector. Previously, he was associated with Can Fin Homes Limited as managing director and chief executive officer, Tata Capital Financial Services Limited as head retail – credit & risk, IDFC Bank Limited as executive vice president and ICICI Bank Limited as joint general manager. He is also serving as a director on the board of our Subsidiaries, namely PHFL Home Loans and Services Limited and PEHEL Foundation. He was appointed on our Board with effect from October 21, 2022.