Repco Home Finance Limited — Others, 12-02-2025: Appointment

Repco Home Finance Limited has announced a board meeting to address key management changes. Mr. K. Swaminathan will retire as Managing Director & CEO on February 20, 2025. The board recommends appointing Mr. T. Karunakaran as the new Managing Director & CEO for a three-year term, pending shareholder approval. Additionally, Mr. A. Arumugom has been appointed as interim Chief Risk Officer, and Mr. Vaidyanathan S Iyer will serve as Internal Auditor for the 2024-25 financial year. This transition may lead to improved governance and operational efficiency, fostering a positive outlook among investors as new leadership takes shape.