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PNB Housing Finance appoints Ajai Kumar Shukla as MD and CEO
NEW DELHI: PNB Housing Finance has a new hand on the tiller. The housing lender said Ajai Kumar Shukla has assumed charge as managing director and chief executive officer with effect from December 18, 2025, marking a leadership reset as the company charts its next growth cycle.
The appointment, approved by the board on the recommendation of the nomination and remuneration committee, is for a five-year term and follows receipt of regulatory clearances. The company had earlier informed stock exchanges of the decision.
Shukla brings more than three decades of experience in housing and mortgage lending. He joins from Tata Capital Housing Finance, where he spent 16 years in senior leadership roles spanning business growth, credit, risk management, valuation, digital transformation and affordable housing finance. Earlier stints include ICICI Bank and LIC Housing Finance.
D Surendran, chairperson and non-executive nominee director, said Shukla’s domain depth and execution track record would be critical as the lender strengthens its franchise and sharpens its focus on sustainable growth and customer trust.
Shukla called the role a timely opportunity, saying the company was well placed to align with India’s housing ambitions while pushing operational excellence, innovation and inclusive growth.
With a seasoned operator at the helm, PNB Housing Finance is signalling intent. In a tightening market, experience, it seems, is back in fashion.
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FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
