Chennai, October 30, 2026: Hinduja Housing Finance Limited (HHF), a subsidiary of Hinduja Leyland Finance Limited, has appointed Vivek Kannan as Chief Executive Officer, effective October 30, 2026. Kannan succeeds Sachin Pillai, who steps down as Managing Director of HHF and will continue to serve on the company’s Board as a Non-Executive Director.
Kannan joined Hinduja Housing Finance as Chief Operating Officer in 2020 and has contributed to the company’s business and operational growth. He brings over 20 years of experience in the financial services sector, having held leadership roles at Motilal Oswal, DHFL, Citibank, Barclays, and GE Capital.
Leadership transition and board changes
As CEO, Kannan will oversee business performance, credit, collections, operations, risk, compliance, and people functions at HHF. The company said his focus will be on strengthening market presence, improving operational efficiency, and expanding access to housing finance.
Sachin Pillai, who continues as Non-Executive Director, was acknowledged by the Board for his leadership and contributions to the company’s development.
Company performance and market presence
Hinduja Housing Finance reported assets under management of ₹15,937 crore as of March 31, 2026. For the financial year 2025–26, the company posted total income of ₹2,014 crore and a net profit of ₹387 crore. HHF operates through 367 branches across 19 states and Union Territories, with a focus on serving first-time homebuyers and lower-income households, particularly in Tier 2, Tier 3, and Tier 4 cities.
Comments from leadership
Dheeraj G. Hinduja, Chairman of Hinduja Housing Finance Limited, said, “Vivek has been an integral part of Hinduja Housing Finance’s growth journey since joining the company in 2020. His industry experience and leadership capabilities position him well to lead the company into its next phase of growth.”
Hinduja Housing Finance Limited, incorporated in 2015, is part of the Hinduja Group, a conglomerate with operations in automotive, financial services, lubricants, energy, digital solutions, real estate, and healthcare.
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