Mumbai, Maharashtra, India, September 2025 – Rakesh Singh has been appointed as Executive Director and CEO (Designate) of Aditya Birla Capital Finance (ABFL). He assumes this new role after an exceptional 14-year tenure as CEO of the company, during which he led transformative growth across lending portfolios, strategic expansions, and digital innovation.
At ABFL, Rakesh has been instrumental in establishing a multi-line operational model, expanding the organization’s footprint across Metros and Tier 1–3 cities, and launching new products across mortgage, construction finance, SME lending, and unsecured MSME loans. His leadership enabled ABFL to become one of India’s most reputed non-banking financial companies (NBFCs), backed by robust risk diversification, operational excellence, and talent development.
In addition to his role at ABFL, Rakesh also serves as Director at Aditya Birla Housing Finance Limited (ABHFL) since 2014, where he oversees the full spectrum of housing finance offerings, including home loans, affordable housing, and construction finance. His focus on inclusive growth has positioned ABHFL as a leading player in the mass housing segment.
Since 2016, he has also been a Director at Aditya Birla Money Mart Limited (ABML), where he leads initiatives in wealth management, broking, mutual funds, insurance, and other investment services catering to HNIs through a wide-reaching distribution network.
Prior to joining the Aditya Birla Group, Rakesh spent over a decade at Standard Chartered Bank, where he held senior leadership roles including Head of SME Banking, India, and Head of Mortgages, India. In these roles, he successfully drove profitability, customer growth, and operational strategy across retail and SME verticals.
An alumnus of Harvard Business School’s Advanced Management Program and Indian Institute of Management Calcutta, Rakesh brings more than 20 years of experience in building and scaling financial services platforms and is widely recognized for his ability to drive innovation, operational rigor, and leadership development.
About Aditya Birla Capital Finance
Aditya Birla Capital Limited (ABCL) is a listed, systemically important, non-deposit taking NBFC and the holding company for the financial services businesses of the Aditya Birla Group. ABCL and its subsidiaries provide a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments. With a presence in over 1,690 branches, a consolidated lending book of over ₹1.65 Lakh Crore, and assets under management exceeding ₹5.53 Lakh Crore (as of June 30, 2025), ABCL is among India’s leading diversified financial services firms. The company is part of the US$67 billion Aditya Birla Group, a Fortune 500 global conglomerate with operations in 41 countries.
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