Bajaj Housing Finance Limited has appointed Ajay Kumar Choudhary as an Independent Director on its board, the company announced on February 2, 2026. His appointment will take effect from March 1, 2026, and will continue for five years, subject to approval by the company’s shareholders.
Choudhary brings over three decades of experience in central banking and financial regulation. He retired as an Executive Director of the Reserve Bank of India (RBI) and has played key roles in areas such as payments, regulatory operations, and financial policy. His expertise is expected to strengthen the company’s governance, risk management, and compliance framework.
The decision to nominate Choudhary was made following the recommendation of the company’s Nomination and Remuneration Committee, which evaluates candidates for their experience, independence, and ability to contribute to board-level decisions. Once approved by shareholders, Choudhary will serve a full term of five years and will not be subject to retirement by rotation.
This appointment is part of Bajaj Housing Finance’s broader effort to enhance its board quality and governance as the company expands in India’s housing finance sector. Since its IPO in 2024, the company has been actively growing its lending portfolio and strengthening its regulatory compliance practices.
By bringing in a seasoned central banker like Choudhary, Bajaj Housing Finance signals its focus on strong corporate governance and strategic oversight, especially in a market where regulatory expectations and operational complexities are increasing.
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