IIFL Finance’s subsidiary, IIFL Home Finance, has appointed Mr. Girish Kousgi as its new Managing Director and Chief Executive Officer, effective October 30, 2025. He will lead the company’s operations, focusing on affordable housing finance and expanding into new business segments. This appointment aims to strengthen IIFL Home Finance’s leadership and growth in the affordable housing sector.
Leadership Change at IIFL Home Finance
Mr. Girish Kousgi has been appointed as the Managing Director and Chief Executive Officer of IIFL Home Finance, effective October 30, 2025. He will be responsible for leading the company’s business operations, including home loans, non-home loan segments, MSME loans, and construction finance.
Focus and Objectives
With Mr. Kousgi’s appointment, IIFL Home Finance aims to strengthen its leadership position in the affordable housing finance segment and accelerate its growth trajectory across business verticals. His expertise spans asset and liability management, mortgages, SME and Agri finance, retail lending, and deposit products.
Executive Experience
Prior to joining IIFL Home Finance, Mr. Kousgi served as MD & CEO of PNB Housing Finance Limited and Can Fin Homes. He also held senior roles at Tata Capital Financial Services Limited, IDFC Bank Limited, and ICICI Bank Limited, managing diverse portfolios across sales, credit, product, and risk functions.
Vision for the Future
Mr. Nirmal Jain, Founder of IIFL Group, expressed confidence that Mr. Kousgi’s experience and expertise would strengthen IIFL Home Finance’s foundation and expand its reach. Mr. Kousgi aims to contribute to making housing finance more accessible and affordable, leveraging initiatives like PMAY 2.0 and other government-led housing programs to offer tailored financial solutions to the EWS and LIG segments.
Source: BSE
