Arun Kumar Purwar To Retire As Chairperson & Non-Executive Director Of IIFL Finance

Arun Kumar Purwar, Chairperson & Non-Executive Director of IIFL Finance Limited to retire by rotation at the ensuing AGM of the company for the financial year ended March 31, 2025.

Purwar also serves as Chairman & Independent Director of Jindal Panther Cement and ERoute Technologies Pvt Ltd. He is an advisor to Mizuho Securities, Japan. Purwar was Chairman of the State Bank of India (SBI) from 2002 to 2006 and Chairman of the Indian Bank Association during 2005-2006. He previously served as Managing Director of the State Bank of Patiala and helped establish SBI Life. Post-retirement, he contributed to the setting up of a healthcare-focused private equity fund and a non-banking finance company. He has received several prestigious awards, including the ‘Finance Man of the Year’ by the Bombay Management Association in 2006.

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