Kamalakar Nayak Appointed As The New CCO Of Aditya Birla Capital; Santosh Haldankar Steps Down

The Board of Directors of Aditya Birla Capital Limited has approved the appointment of Kamalakar Nayak as Chief Compliance Officer and Senior Management Personnel (CCO & SMP), effective from December 3, 2024.

Santosh Haldankar, the current CCO of the company, has stepped down from his role following the appointment of Nayak. However, he will continue to serve as the Company Secretary and Compliance Officer, under the SEBI Listing Regulations.

Nayak has about three decades of experience in a variety of fields, including risk management, regulatory relations, and compliance. He has held positions at IDFC FIRST Bank Ltd., Piramal Enterprises Ltd., Piramal Capital & Housing Finance Ltd., and the Reserve Bank of India (RBI). As part of the core team for the DHFL merger with Piramal Capital and Housing Finance, he oversaw the transaction’s regulatory and compliance needs. Nayak is a Certified Banking Compliance Professional from the Indian Institute of Banking and Finance, and he also holds M.Sc. degree from the University of Agricultural Sciences Dharwad (UASD), Karnataka.

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