PNB Housing Finance announces the superannuation of Mr. Ajay Kumar Mohanty, Head of Internal Audit & Chief of Internal Vigilance, effective November 29, 2025. Mr. Vipin Malhotra will assume responsibility for the Internal Audit function starting November 30, 2025. The company has formally disclosed information on leadership transition within its internal audit department, ensuring operational oversight.
Internal Audit Transition
PNB Housing Finance has announced a change in its management team. Mr. Ajay Kumar Mohanty, the Head of Internal Audit and Chief of Internal Vigilance, has reached superannuation and concluded his services with the company on November 29, 2025, after the close of business hours.
New Internal Audit Lead
Effective November 30, 2025, Mr. Vipin Malhotra will take over as the head of the Internal Audit function at PNB Housing Finance.
Vipin Malhotra’s Profile
Mr. Vipin Malhotra brings over 23 years of experience in finance and audit across various financial institutions. He is a qualified Chartered Accountant (CA) with global certifications such as Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Certified Fraud Examiner (CFE).
Prior to joining PNB Housing Finance, he served as Head of Internal Audit (Centre of Excellence) at Yes Bank Ltd., where he also served as Chief of Internal Vigilance, and Head – Internal Audit for Retail Credit and Branch Banking. His experience includes roles at ICICI Bank Ltd., LIC Housing Finance Ltd., and Ashok Leyland Finance Ltd.
Source: BSE
