Financial Wire

Aavas Financiers Appoints CEO

-- Aavas Financiers (NSE:AAVAS, BOM:541988) has appointed Manu Yeshpal Singh as the managing director and chief executive officer of the company, with effect from April 21, according to a filing to the Indian stock exchanges on Monday.

He takes over from Sachinderpalsingh Jitendrasingh Bhinder, who resigned from the position of managing director and chief executive officer of the company from Monday, due to professional and personal commitments.

Bhinder will continue in a role as a senior advisor to the company.

The company's shares were down over 1% in recent trade.

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Aavas Financiers Appoints CEO | Financial Wire