Aavas Financiers announced that its board of directors has approved the appointment of Manu Singh as Managing Director & CEO subject to the Reserve Bank of India approval, with effect from 21 April 2026.

Manu Singh will join Aavas from Kotak Mahindra Bank, where he served as President - Business Head, Housing Finance, overseeing its home loans business. He brings more than 25 years of experience across Kotak Mahindra Bank, Tata Capital and ICICI Bank, with a track record of scaling retail lending businesses across markets. His career spans sourcing, credit, operations and collections, with deep experience in operating within regulated environments and a strong focus on risk management, governance and execution discipline.

The appointment of Mr. Manu Singh as the Managing Director of the Company will be effective upon the date of receipt of approval from the Reserve Bank of India and approval of the shareholders of the Company.