The Economic Times

Aavas Financiers may be headed for leadership change; Kotak's Manu Singh likely to be Next CEO

Aavas Financiers is set for a leadership change. Managing Director Sachinder Bhinder will step down following promoter dissatisfaction. Manu Singh, currently heading home loans at Kotak Mahindra Bank, is expected to become the new CEO. This transition follows CVC Capital Partners' acquisition of control and aims to boost the company's growth trajectory.