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IFCI Limited has appointed Rahul Bhave as its new Managing Director & CEO, following approval from the Appointments Committee of the Cabinet (ACC), chaired by the Prime Minister. With an illustrious career in banking and financial services, Bhave brings extensive expertise in risk management, financial restructuring, and strategic growth.
\r\n\r\nior to this role, he served as Deputy Managing Director at IFCI Limited and was a Board Member at StockHolding Corporation of India Limited. His leadership will be crucial in overseeing the consolidation of the IFCI Group, including the merger of StockHolding Corporation of India Limited, IFCI Factors Ltd, IFCI Infrastructure Development Ltd, and IIDL Realtors Ltd.
\r\n\r\nWith over two decades of experience, Bhave has held key positions at Canara Bank, National Housing Bank, and India Mortgage Guarantee Corporation Private Limited. His deep expertise in operations, IT, and governance will drive IFCI’s market transformation and long-term growth.
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