Stock Report

HomeFirst augments its management team for its next phase of growth

Posted On : 2021-11-13 19:39:13( TIMEZONE : IST )

HomeFirst augments its management team for its next phase of growth

Considering the new phase of growth and expansion, the company proposes to expand the management team with the appointment of a Chief Technology Officer (CTO) & Chief Risk Officer (CRO). We are pleased to announce the appointment of Mr. Dharmvir Singh and Mr. Ashishkumar Darji as CTO and CRO respectively.

Commenting on the appointment, Mr. Manoj Viswanathan, MD & CEO said "These appointments underline our focus and commitment to two critical factors that have contributed to the company's success in affordable housing finance viz., technology and risk management. With these appointments, we will further strengthen our approach to risk and accelerate our journey to becoming a large mortgage fintech player."

Commenting on the appointment, Mr. Dharmvir Singh (CTO) said "Excited to work with Manoj and take the organization to the next level of growth with strong focus on technology. I am delighted to join HomeFirst which is creating a blue-ocean in the space of affordable housing finance business. Digital transformation is not a destination, it's a continuous journey which makes an organization better than a previous version of it.

Commenting on the appointment, Mr. Ashishkumar Darji (CRO) said "Would like to leverage on my experience as a banker and as a consultant to support HomeFirst in enhancing risk management practices to protect it from material risks and at the same time support technology driven sustainable growth opportunities."

Shares of Home First Finance Company India Limited was last trading in BSE at Rs. 715.50 as compared to the previous close of Rs. 729.75. The total number of shares traded during the day was 7801 in over 982 trades.

The stock hit an intraday high of Rs. 742.95 and intraday low of 703.45. The net turnover during the day was Rs. 5700033.00.

Source : Equity Bulls


HomeFirstFinanceCompanyIndiaLimited INE481N01025 HOMEFIRST HousingFinance ManagementTeam