MAM
Housing.com fires CEO Rahul Yadav
MUMBAI: Mumbai based online realty platform, Housing.com has released its CEO Rahul Yadav, with immediate effect, after a regular board meeting, held earlier on 1 July. Yadav who is also the co-founder of the company, will no longer be an employee of Housing.com and be associated with the company in any manner, going forward.
The Housing board, unanimously agreed to bring Yadav’s tenure to a close, with reference to his behaviour towards investors, ecosystem and the media. The board believed that his behaviour is not befitting of a CEO and is detrimental to the company, known for its innovative approach to product development, market expansion and brand building.
While the search for an interim CEO is underway, a transition plan has been put in place. The current senior executives of Housing.com will continue to run the operations on a daily basis, and ensure its continued smooth functioning. The board and the operating committee will remain closely involved with all key decisions.
Through an official statement the company said. “The Housing.com board, investors, management team and employees are keen to see Housing maximise its huge potential in India and beyond, as well as run in professional and world class manner. This is part of our larger commitment to India and the start-up ecosystem, which together remains unaffected and as strong as ever.”
Brands
Eneet Chadha joins Apex Group as senior vice president
Former Citco and BNY executive to lead strategic fund servicing push
PUNE: Apex Group Limited has appointed Eneet Chadha as senior vice president, strengthening its senior leadership ranks as it sharpens its focus on alternative investments and hedge fund servicing.
In his new role, Chadha will lead strategic fund administration and hedge fund servicing within the group’s global alternatives platform. His remit includes driving operational excellence, deepening client relationships and improving service delivery across complex financial portfolios.
Before joining Apex Group, Chadha served as vice president – hedge fund at The Citco Group Limited. He previously spent more than 12 years at BNY, where he worked as lead manager – fund accounting and reconciliation. He began his career at State Street as a team leader.
The appointment reflects Apex Group’s continued investment in senior talent as competition intensifies across global fund administration, particularly in alternatives where scale, precision and client trust are increasingly decisive.
