Aditya Birla Capital Appoints Vishakha Mulye as MD & CEO, Rakesh Singh as Executive Director & CEO (NBFC)
Aditya Birla Capital Limited (ABCL) appoints Vishakha Mulye as MD & CEO for a five-year term and Rakesh Singh as Executive Director and CEO of NBFC segment. Mulye, who joined ABCL in 2022, developed the 'One ABC, One P&L' strategy and oversaw significant achievements including raising Rs 4,500 crore in growth capital. Singh brings nearly three decades of financial services experience. The company also approved allotment of 2,60,685 equity shares under employee stock option schemes, increasing its paid-up equity share capital.

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Aditya Birla Capital Limited (ABCL) has announced significant leadership changes, appointing Vishakha Mulye as Managing Director and Chief Executive Officer for a five-year term, and Rakesh Singh as Executive Director and Chief Executive Officer of its Non-Banking Financial Company (NBFC) segment.
New Leadership at the Helm
The Board of Directors of Aditya Birla Capital, in a meeting held on September 1, 2025, approved the appointment of Vishakha Mulye as MD & CEO for a period of five years, from September 1, 2025, to August 31, 2030. Concurrently, Rakesh Singh has been appointed as Executive Director and CEO (NBFC) for a term ending on July 22, 2027. Both appointments are subject to shareholder approval.
Vishakha Mulye's Strategic Vision
Vishakha Mulye, who joined ABCL as a director in 2022, has been instrumental in shaping the company's growth trajectory. She developed the 'One ABC, One P&L' strategy, focusing on providing a unified customer experience across the company's diverse financial services offerings. Under her leadership, ABCL has expanded its portfolio across loans, investments, insurance, and payments.
Mulye's tenure has been marked by significant achievements, including:
- Raising Rs 4,500.00 crore in growth capital through various financial instruments
- Overseeing the amalgamation of Aditya Birla Finance Ltd. with ABCL
- Developing an omnichannel D2C platform and the 'ABCD' mobile app for comprehensive financial solutions
- Introducing 'Udyog Plus', a digital B2B lending platform for MSMEs
Rakesh Singh's Expertise in NBFC Sector
Rakesh Singh brings nearly three decades of experience in financial services to his new role. Since joining the Aditya Birla Group in 2011, he has been pivotal in driving growth in both the NBFC and Housing Finance sectors. Prior to this, Singh spent 16 years at Standard Chartered Bank, holding various leadership positions including Head of Mortgages Business in India and General Manager & Head of SME Banking for India and South Asia.
Market Response
The market responded positively to these appointments, with Aditya Birla Capital's shares closing 0.68% higher at Rs 280.00 on the Bombay Stock Exchange (BSE).
Additional Corporate Actions
In a separate announcement, ABCL's Stakeholders Relationship Committee approved the allotment of 2,60,685 equity shares on September 1, 2025. This allotment, made under the company's employee stock option schemes, will increase ABCL's paid-up equity share capital to Rs 26,12,38,97,350.00, consisting of 2,61,23,89,735 equity shares of face value Rs 10.00 each.
These strategic appointments and corporate actions underscore Aditya Birla Capital's commitment to strengthening its leadership and expanding its presence in the financial services sector.
Historical Stock Returns for Aditya Birla Capital
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.94% | -1.64% | +2.87% | +56.87% | +33.46% | +382.73% |