REG - Housing Dev Fin Corp - Directorate Change

Housing Development FinanceAnnouncement

26/09/2018 14:45

RNS Number : 0443C
Housing Development Fin. Corp. Ltd.
26 September 2018
 


Ref. No. SE/2018-19/201
 
September 26, 2018
 
BSE Limited                                                                             National Stock Exchange of India Limited
P. J. Towers,                                                                            Exchange Plaza, Plot No. C/1,
Dalal Street,                                                                              Bandra-Kurla Complex, Bandra (East),
Mumbai 400 001.                                                                       Mumbai 400 051.
 
Kind Attn: - Sr. General Manager                                        Kind Attn: Head - Listing
                            DCS - Listing Department
 
Dear Sirs,
 
Sub:     Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of an Independent Director
 
We wish to inform you that the Board of Directors of the Corporation, on the recommendation of the Nomination and Remuneration Committee of Directors, has today, approved the appointment of Dr. Bhaskar Ghosh (DIN: 06656458) as an Independent Director (Additional Director) on the Board of Directors of the Corporation for a period of 5 years with effect from September 27, 2018, subject to the approval of the Members of the Corporation.
 
The Corporation hereby affirms that Dr. Ghosh is not debarred from holding the office of director by virtue of any order passed by SEBI or any other such authority and is not related to any Directors or Key Managerial Personnel of the Corporation. The brief profile of Dr. Bhaskar Ghosh is enclosed herewith as Annexure A.
 
We request you to take note of the above and arrange to bring this to the notice of all concerned.
 
Kindly acknowledge receipt.
 
Thank you,
 
Yours faithfully,
For Housing Development Finance Corporation Limited
 
 
Ajay Agarwal
Company Secretary
 
Encl: a.a.
 
cc:        London Stock Exchange
            10, Paternoster Square
London
EC4M 7LS      
 
Annexure - A
 
Brief Profile of Dr. Bhaskar Ghosh
 
Dr. Bhaskar Ghosh is group chief executive-Accenture Technology Services with overall responsibility for the Accenture Application Services business. He directs strategy and investments for Accenture Technology Services, and in addition, leads platforms, products and global technology delivery. He is a member of the Accenture Global Management Committee.
 
In this role, Dr. Ghosh's focus is to enable enterprises to embrace digital disruption and drive growth through innovation and services designed to reinvent their application portfolio. A key aspect in this is to help enterprises transform their business through the adoption of New IT, spanning strategy, technologies, architectures, platforms, methods, organization and operating models.
 
Under Dr. Ghosh's leadership, Accenture transformed its Applications Services business and launched the Future of Applications vision, which emphasized that business leaders will play a bigger role in building applications and IT will play a bigger role in strategy. This vision underscored the role of software for differentiation and innovation, and urged companies to begin a reinvention journey and new operating model to compete in the high-velocity, software-driven world.
 
Accenture Technology Services has made outstanding progress to rapidly rotate to the New and enable clients to lead in the New under Dr. Ghosh's leadership. More than 180,000 Accenture Technology people have been trained around the world in New IT, including automation, Agile development and intelligent platforms, and Accenture strengthened New IT offerings around data, cloud, security and Liquid Application Management. In the same period, Accenture opened a ground-breaking Innovation Hub in Bengaluru with a focus on driving innovation at scale, and a network of more than 18 Liquid Studios around the world.
 
Before joining Accenture in 2003, Dr. Ghosh was vice president and global head of IT infrastructure management services at Infosys. Earlier in his career, he held several senior positions with Philips in India, where he worked extensively with the consumer electronics industry.
 
Dr. Ghosh has been awarded patents in multiple areas, including IT automation. He holds a Bachelor of Science degree from Calcutta University, a master's degree in business administration from Calcutta University and a Ph.D. in business process management from Utkal University in India.
 
Dr. Ghosh is currently based in Bangalore, India.
 




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