GIC Housing Finance Appoints S.R. Ravi as Head of Operations; Paba Koshy Continues as CFO
GIC Housing Finance appointed Shri S.R. Ravi as Head of Operations. Smt. Paba Koshy will continue as CFO. Ravi has over 33 years of experience in housing finance.
A change in the Head of Operations can influence the company's operational efficiency and strategic direction, thus having a medium-term impact.
The announcement details a change in senior management personnel, which is a routine operational update for a company. There are no immediate financial gains or losses indicated.
GIC Housing Finance Limited has announced a significant change in its senior management personnel. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee and through a circular resolution, has approved the appointment of Shri S.R. Ravi, currently a Vice President, as the new Head of the Operations Department.
This appointment is effective August 21, 2026. Concurrently, Smt. Paba Koshy will cease to serve as the Head of the Operations Department. However, she will continue in her role as the Chief Financial Officer (CFO) of the Company.
Shri S.R. Ravi brings over 33 years of experience in the housing finance sector. He joined GIC Housing Finance on March 18, 1993, and has held various positions across different branches and the corporate office. His experience spans Branch Management, Underwriting, Marketing, Credit, Collections, and Administration. He has expertise in housing finance operations, credit and recovery management, SARFAESI enforcement, and litigation support. He has also been involved in organizational administration and provident fund management.
What to do with a filing like this
GIC Housing Finance Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by GIC Housing Finance Limited. Read the original for the full detail.