Motilal Oswal Group has appointed Sukesh Bhowal as the Chief Executive Officer of Motilal Oswal Home Finance Limited (MOHFL).
Sukesh Bhowal brings a wealth of experience and expertise to his new role. With a strong track record of leadership and a deep understanding of the financial markets, Sukesh is poised to lead the Motilal Oswal Group to new heights of success. His strategic vision and client-centric approach align perfectly with the company’s commitment to delivering superior financial solutions and services.
MOHFL, a leading new-age Housing Finance Company in India, is registered with the National Housing Bank (NHB) and operates across 12 states in India. The company has gained prominence in the industry and is a fast-growing business within the Motilal Oswal Group. In the financial year 2022-23, MOHFL achieved an impressive year-on-year profit growth of 44 percent.
Commenting on the appointment, Motilal Oswal, MD & CEO of Motilal Oswal Financial Services, said, “We are delighted to welcome Sukesh as our new Chief Executive Officer of the Home Finance business. Further, the addition of Shobhit, Rajesh & Priyanka will strengthen our Home finance business. The new team and Sukesh, with their extensive knowledge and proven experience, make an invaluable addition to the Company as we pursue our ambitious goals of further expanding and enhancing our home finance operations.”