Pune, 7 August 2023: The Cyrus Poonawalla Group, a diversified conglomerate encompassing Pharmaceuticals & Biotechnology, Finance, Clean Energy, Hospitality & Realty, and Aviation, has appointed Mr. Keki Mistry, former CEO & Vice Chairman of HDFC Ltd., as the Strategic Advisor for all Financial Services endeavors led by Mr. Adar Poonawalla.
Bringing his unparalleled four-decade experience, Mr. Mistry is a stalwart in the Indian Financial Services sector. He served as the CEO and Vice Chairman of HDFC Ltd. since 2010. Following its merger with HDFC Bank, he transitioned to the bank as an Additional & Non-Executive Director (Non-Independent) on June 30, 2023. Additionally, he holds the position of Non-Executive Chairman at HDFC Ergo General Insurance Company Limited.
In a warm welcome, Mr. Adar Poonawalla, Chairman of Poonawalla Fincorp and CEO of Serum Institute of India, expressed, “Keki’s unparalleled operating and boardroom experience in the Indian financial services sector will act as the perfect sounding board for all financial services business management teams to scale their profitability through prudent risk management while managing business volatility.”
Mr. Keki Mistry conveyed, “As I transition from executive responsibilities at HDFC Ltd., I am excited to guide the financial services businesses steered by Adar in achieving their business goals while ensuring responsible shareholder returns. I eagerly look forward to collaborating with the young and dynamic management teams, leveraging my operational and board experience in financial services.”
This strategic alliance between Cyrus Poonawalla Group and Mr. Keki Mistry underscores the group’s commitment to leveraging seasoned expertise to propel its financial services ventures towards excellence and sustainable growth.
