NEW DELHI – PNB Housing Finance Limited announced that Mr. Dilip Kumar Jain (DIN: 06822012) resigned from his position as a Non-Executive Nominee Director, effective from the close of business hours on February 4, 2026.
His departure follows his superannuation from Punjab National Bank (PNB) on August 31, 2025. Although his term was extended for six months following his retirement to ensure administrative continuity, he has now stepped down to make way for a new appointee.
New Appointment: Dipankar Mahapatra
To fill the vacancy, the Board has approved the appointment of Mr. Dipankar Mahapatra (DIN: 09446502) as an Additional Director (Non-Executive Nominee Director), effective February 5, 2026.
-
Professional Background: Mr. Mahapatra is a General Manager at Punjab National Bank within the Corporate Credit Division. He holds an MBA in International Business from the Indian Institute of Foreign Trade (IIFT) and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
-
Experience: He brings extensive expertise in Large Corporate Credit, Risk Management, and Zonal operations, having previously served as Zonal Head at Ahmedabad and Jodhpur.
The Board expressed its gratitude to Mr. Jain for his contributions during his tenure, which oversaw a period of significant retail book growth for the company.
