Pune: DHFL, one of the leading housing finance companies in India, today announced the appointment of Dr. Rajiv Kumar as a Non – Executive Independent Director on the Board of the Company effective from 07 August, 2015.
Dr. Rajiv Kumar, senior fellow at Centre for Policy Research (CPR), is renowned economist and author of several books on the Indian economy and India’s national security. He presently sits on the boards of several international and national institutions, including the King Abdullah Petroleum Studies and Research Center in Riyadh, the Economic Research Institute for ASEAN and Asia in Jakarta and the Indian Institute of Foreign Trade. He was a member of Government of India’s National Security Advisory Board between 2006 and 2008.
Dr. Rajiv Kumar is also chancellor of the Gokhale Institute of Economics and Politics in Pune and the founding Director of Pahle India Foundation, a Non-Profit Research Organisation that specializes in policy-oriented research and analysis. Prior to CPR, he was a Secretary General of the Federation of Indian Chambers of Commerce and Industry (FICCI). He has held respectable designations in the Indian Council for Research on International Economic Relations (ICRIER), CII, the Asian Development Bank, the Indian Ministry of Industries, and the Ministry of Finance. Dr Kumar holds a DPhil in Economics from Oxford and a PhD from Lucknow University.
Dr. Kumar’s brings with him immense knowledge and experience in the economic domain which would help DHFL to garner a deeper and thorough understanding of the market. He will play a significant role in the Company’s ambitious goal of housing for every Indian and his strong understanding of the operating levers of the business today will be a key driver for future growth and sustainability.
Welcoming Dr. Rajiv Kumar on the appointment, Mr. Kapil Wadhawan, Chairman & Managing Director, DHFL said, “I am delighted to welcome Dr. Rajiv Kumar on the Board of DHFL. Dr. Kumar’s experience and understanding of his field will help us drive larger strategic initiatives. His appointment will provide an added impetus to our vision of enabling a home for every Indian.’’
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