
Vinod Rai Retires As Independent Director Of Apollo Tyres
Vinod Rai has completed his tenure as an Independent Director of Apollo Tyres Limited and, consequently, retires, effective February 9, 2026.
Rai is the Founder of India Infrastructure Finance Co. Ltd. He holds several board and leadership roles across finance, banking, and corporate sectors. He is Chairman of Shubham Housing Development Finance Co. Ltd., Kalyan Jewellers India Ltd., since 2022, and IDFC Financial Holding Co. Ltd. He serves as Independent Chairman of Unity Small Finance Bank Ltd. and as Independent Director at Lava International Ltd. since 2017. He is the former Comptroller and Auditor General of India. He has served in several roles with the Central Government and state governments. His last position in government was Secretary in the Ministry of Finance, Government of India, where he handled the financial services sector, including banks and insurance companies. He has been a Director on the Boards of State Bank of India, ICICI Bank, IDBI Bank, Life Insurance Corporation of India, and IDFC Bank. He holds graduate degrees from Harvard University and the Delhi School of Economics.




