Aditya Birla Capital names Vishakha Mulye as CEO for 5 years

Aditya Birla Capital names Vishakha Mulye as CEO for 5 years

Aditya Birla Capital, a prominent financial services company under the Aditya Birla Group, has announced significant leadership changes. The Reserve Bank of India (RBI) has approved the appointment of Vishakha Mulye as Managing Director (MD) and Chief Executive Officer (CEO) for a period of five years. Additionally, Rakesh Singh has been appointed as Executive Director and CEO (NBFC) till July 22, 2027 [1].

The appointments come at a time when Aditya Birla Capital has shown robust financial performance. The company's consolidated net profit surged by 10.04% to Rs 835.08 crore in Q1 FY26, driven by a 9.57% increase in total revenue from operations to Rs 9,502.69 crore compared to the same period last year [1].

Despite the positive financial outlook, the company's stock price experienced a slight decline. The scrip shed 0.38% to settle at Rs 285.10 on the Bombay Stock Exchange (BSE) [1].

These appointments and financial results underscore Aditya Birla Capital's commitment to growth and stability under new leadership. The appointments of Vishakha Mulye and Rakesh Singh are expected to bring fresh perspectives and strategic direction to the company's financial services portfolio.

References:
[1] https://www.business-standard.com/markets/capital-market-news/aditya-birla-capital-appoints-vishakha-mulye-as-md-and-ceo-125082600116_1.html