PNB Housing Finance has appointed Dipankar Mahapatra as an Additional Director (Non-Executive Nominee Director) effective February 5, 2026. This appointment follows the resignation of Dilip Kumar Jain from the board. Mahapatra’s appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to required regulatory approvals. The board meeting, where this decision was made, concluded at 4:05 P.M. (IST) on February 4, 2026.
Board Changes at PNB Housing Finance
The Board of Directors of PNB Housing Finance has approved key changes in its composition during its meeting held on February 4, 2026. The meeting concluded at 4:05 P.M. (IST).
Appointment of Additional Director
Dipankar Mahapatra has been appointed as an Additional Director (Non-Executive Nominee Director) to the Board, effective February 5, 2026. His appointment follows the recommendation of the Nomination and Remuneration Committee and is subject to regulatory approvals. Mr. Mahapatra is a General Manager at Punjab National Bank.
Director Resignation
The board also noted the resignation of Dilip Kumar Jain from his position as a Non-Executive Nominee Director, effective February 4, 2026 (close of business hours). Mr. Jain’s resignation comes as Dipankar Mahapatra has been appointed in his place as a nominee director of the Promoter Bank.
Dipankar Mahapatra: Profile Highlights
Dipankar Mahapatra holds an MBA in International Business from the Indian Institute of Foreign Trade (IIFT) and is a Certified Associate of the Indian Institute of Bankers (CAIIB). He has experience across multiple banking verticals and has participated in various leadership programs.
Source: BSE
