IIFL Residence Finance has appointed Girish Kousgi as Managing Director and Chief Govt Officer with impact from October 30, 2025. Kousgi will oversee the corporate’s complete enterprise operations, together with house loans, non-home mortgage segments, MSME loans, and development finance.
Kousgi brings almost 30 years of expertise in banking and monetary companies. Most just lately, he served as MD and CEO of PNB Housing Finance Restricted. Earlier than that, he led Can Fin Houses, the place he drove strategic transformations that improved profitability and operational effectivity. His profession consists of senior positions at Tata Capital Monetary Companies, IDFC Financial institution, and ICICI Financial institution, with experience spanning mortgages, SME and agricultural finance, retail lending, and deposit merchandise.
IIFL Group Founder Nirmal Jain stated Kousgi’s appointment comes at an inflection level for the housing finance sector. The corporate goals to strengthen its place in inexpensive housing finance and speed up development throughout enterprise verticals.
Kousgi stated he joins at a pivotal time for the business, which is poised for vital transformation. He emphasised the corporate’s give attention to making housing finance accessible to economically weaker sections and low-income teams, leveraging authorities initiatives like PMAY 2.0.
IIFL Residence Finance operates 376 branches throughout 18 states and has served over 4.54 lakh prospects since inception, with a give attention to first-time homebuyers and underserved markets in tier 2 to tier 4 cities.
Printed on October 30, 2025