Repco Home Finance Limited has informed the Exchange regarding Resignation of Mr A. Arumugom as Other of the company w.e.f. May 28, 2025.
REPCOHOME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Repco Home Finance has informed the stock exchanges that Mr. A. Arumugom has resigned as the interim Chief Risk Officer of the company with effect from May 28, 2025. His resignation comes on the appointment of Mr. K.G. Visswanathan as the new fulltime Chief Risk Officer, also effective May 28, 2025. Mr. Arumugom confirmed there is no material reason for his departure other than the new fulltime appointment. Mr. Visswanathan is a Commerce postgraduate with a Certificate in Risk Management and over 20 years of banking experience, including 15 years in risk management, previously working with Jio Payment Bank.
This is a routine, planned leadership transition at the senior management level with no negative implications. The new fulltime CRO brings over two decades of banking and risk management experience, which should strengthen the company's risk oversight framework. Likely neutral to mildly positive for shareholders.