GIC Housing Finance Board Approves Paba Koshy as Head of Operations
GIC Housing Finance Limited announced the board's approval for the appointment of Ms. Paba Koshy as the Senior Vice President and Head of Operations Department. The board considered and approved this appointment on April 9, 2026.Ms. Paba Koshy joined the organization as an officer on deputation, and the board appointed her to the role of Head of Operations Department within the Senior Vice President cadre.
The appointment details reveal that Ms. Paba Koshy is a Chartered Accountant possessing 23 years of rich experience. Her background includes handling various claims at the operational level and Regional Office (RO), and she previously headed the TP Claims Hub for one year. During her last tenure as Regional Manager, her responsibilities covered the Health Department, Human Resources, Accounts and Establishment, Audit, and CAG Compliance.
Key details regarding the transition are presented in the following table:
| Category | Details |
|---|---|
| Reason for Change | Ms. Paba Koshy (DGM, United India Insurance Co. Ltd.) has joined as an officer on deputation. |
| Appointment Role | Head of Operations Department in Senior Vice President cadre. |
| Date of Joining | April 09, 2026 |
| Terms of Appointment | Not Applicable |
In terms of relationships, Ms. Paba Koshy is not related to any other Director or Key Managerial Personnel, apart from Shri B. S. Rahul (CMD - United India Insurance Co. Ltd.), who is noted as a Director due to a common promoter company, United India Insurance Co. Ltd.
The documentation confirms that the event date and time of the occurrence was April 09, 2026, at 12:36 P.M.
GICHSGFIN Stock Price Movement
Shares of GIC Housing Finance Limited shed 0.61% today, closing at ₹145.84 in post-market trading. The equity saw 65,627 shares change hands during the session, contributing to the decline.Source:
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