In a first, the government has appointed a private sector executive Sriram Kalyanaraman as Managing Director and CEO of National Housing Bank.
The appointment of Kalyanraman to the housing finance sector regulator is unique as he is the first person from the private sector to head a public sector financial institution, a Finance Ministry official statement said.
At present, Kalyanaraman is Director-Business Development, Equifax Credit Information Services.
His appointment is for five years from the date of taking over the charge, it said.
Prior to joining Equifax, Sriram was Director, Business Clients and Asset Products at Deutsche Bank India.