 "Poonawalla group appoints Keki Mistry as strategic advisor for fin services")
Cyrus Poonawalla Group has appointed Keki Mistry, former vice-chairman and chief executive officer of HDFC Ltd, as the strategic advisor for its all financial services ventures. At present, the Pune-based group has one non-banking finance company (NBFC) and a clutch of investments in financial services companies.
Adar Poonawalla, chairman, Poonawalla Fincorp, and CEO, Serum Institute of India said, "To begin with, Mistry’s operating and boardroom experience will act as the sounding board for all financial services business management teams. This will help to scale profitability through prudent risk management while managing business volatility".
Post its merger with HDFC Bank, he joined the bank as an additional & non-executive director (non-independent) on 30th June 2023. He is also the non-executive chairman of HDFC Ergo General Insurance Company Ltd.
Also Read: Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn
Also Read: Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn
Besides being a strong player in pharmaceuticals & biotechnology, the business group also has a presence in the clean energy, hospitality & realty, and aviation sectors.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%