Hinduja Housing Finance appoints Vivek Kannan as CEO, takes over from managing director Sachin Pillai
Vivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped down but remains on the board as a non-executive director. Kannan joined the company as Chief Operating Offi...
He succeeds Sachin Pillai, managing director at the parent company, Hinduja Leyland Finance Limited, who stepped down as the managing director of HHF with effect from Thursday and will continue to serve on the HHF board as a non-executive director, according to a company statement.
“Kannan, who joined Hinduja Housing Finance as Chief Operating Officer in 2020, has played a key role in the Company’s growth and transformation, contributing to the strengthening of its business and operational capabilities,” the company said.
With more than two decades of experience in the financial services sector, Kannan has held leadership positions across companies including Motilal Oswal, DHFL, Citibank, Barclays and GE Capital. He will oversee HHF’s overall business performance, credit, collections, operations, risk, compliance and people functions.
“He will focus on strengthening the Company’s market presence, enhancing operational efficiencies and driving sustainable growth while continuing to expand access to housing finance,” the statement said.
Hinduja Housing Finance chairman Dheeraj G. said, “Vivek has been an integral part of Hinduja Housing Finance’s growth journey since joining the Company in 2020. His industry experience, understanding of the business and leadership capabilities position him well to lead the Company into its next phase of growth.”
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