Aditya Birla Capital Limited (ABCL) has announced the appointment of Rakesh Singh as Executive Director and Chief Executive Officer of its Non-Banking Financial Company (NBFC) arm. Singh, a seasoned financial services leader with nearly three decades of experience, will spearhead the growth strategy of Aditya Birla Capital Finance Limited (ABFL) and Aditya Birla Housing Finance Limited (ABHFL), further strengthening ABCL’s position as a diversified financial powerhouse.
Mr. Singh joined the Aditya Birla Group in 2011 and has since played a pivotal role in scaling ABFL into a leading RBI-registered Upper Layer NBFC. Under his leadership, the company expanded its footprint across SME lending, mortgages, construction finance and wealth management solutions offered through Aditya Birla Money Limited (ABML).
Prior to his tenure at Aditya Birla Group, Mr. Singh spent 16 years with Standard Chartered Bank, holding key leadership roles, including Head of the Mortgages Business in India and General Manager & Head of SME Banking for India and South Asia. His work there helped build a strong foundation in lending, product innovation and customer-centric strategies, skills that continue to define his approach to business leadership.
ABCL, the holding company for the group’s financial services businesses, said his appointment aligns with its focus on driving sustainable growth across lending verticals while delivering differentiated solutions to retail, SME and corporate clients.
With Singh at the helm, ABFL and ABHFL are expected to accelerate their transformation journey, tapping emerging opportunities in credit, housing finance and wealth solutions as India’s financial services market evolves.
