Sanjay Shukla, who currently serves as the Managing Director and CEO of Housing Finance at Centrum India, has been appointed as the new Managing Director (MD) of the National Housing Bank (NHB). The Financial Services Institutions Bureau (FSIB), responsible for selecting directors of state-owned banks and financial institutions, interviewed 16 candidates for the NHB MD position on April 9 and 10, 2024.

Shukla’s extensive experience includes stints at prominent organizations such as ING Vysya Bank, Tata Capital Housing Finance Limited, Citi Bank, and Hometrust Housing Finance Limited, which later merged into HDFC Limited.

Additionally, the FSIB has recommended Manoj Mittal, the Managing Director of IFCI, for the role of Chairman and Managing Director of SIDBI. The bureau, led by former Department of Personnel and Training (DoPT) secretary Bhanu Pratap Sharma, interviewed a total of 21 candidates for various positions during the specified dates. Shukla’s selection for the NHB MD position follows a thorough evaluation process by the FSIB.