IIFL Holdings appoints Sumit Bali as CEO, ED of India lnfoline Finance

By: |
New Delhi | Published: June 25, 2018 12:36:31 PM

Sumit Bali is appointed as Chief Executive Officer and Executive Director of India Infoline Finance Ltd, Material NBFC subsidiary of the company.

Financial services firm IIFL Holdings today announced the appointment of Sumit Bali as CEO and Executive Director.

Financial services firm IIFL Holdings today announced the appointment of Sumit Bali as CEO and Executive Director (ED) of its subsidiary India Infoline Finance with effect from today.

“Sumit Bali is appointed as Chief Executive Officer and Executive Director of India Infoline Finance Ltd, Material NBFC subsidiary of the company, with effect from June 25, 2018,” IIFL Holdings said in a regulatory filing.

Prior to joining India lnfoline, Bali worked as the Senior Executive Vice President at Kotak Mahindra Bank. India Infoline has an asset under management of over Rs 31,000 crore at the end of March 2018.

Shares of IIFL Holdings were trading at Rs 711.50 per scrip, up 0.12 per cent, on BSE.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Government defers oil, gas field auction by a month
2Indian equity market likely to be an outperformer, says Morgan Stanley report
3What will drive market this week? Monsoon, crude prices, geopolitics, say experts