Can Fin Homes Appoints Hardeep Singh Ahluwalia as Non-Executive Director
Can Fin Homes Limited has appointed Shri Hardeep Singh Ahluwalia as an Additional Director in the Non-Executive, Non-Independent category, representing Canara Bank. The appointment, effective August 6, 2025, is for a term not exceeding five years, subject to RBI approval. Ahluwalia brings over three decades of banking experience, including his current role as Executive Director of Canara Bank. His extensive background spans various banking functions and geographical areas, with expertise in agriculture, credit management, and international banking.

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Can Fin Homes Limited , a prominent player in the housing finance sector, has announced the appointment of Shri Hardeep Singh Ahluwalia as an Additional Director in the category of Non-Executive, Non-Independent Director. This strategic move, representing the company's promoter Canara Bank, comes with the approval of the Reserve Bank of India (RBI) and promises to bring valuable banking expertise to the company's board.
Appointment Details
The appointment of Shri Ahluwalia became effective on August 6, 2025, following the RBI's approval for a term not exceeding five years. His tenure on the Can Fin Homes board is set to continue until he holds the position of Executive Director in Canara Bank or for the five-year term approved by the RBI, whichever comes first.
Extensive Banking Experience
Shri Hardeep Singh Ahluwalia brings a wealth of experience to his new role at Can Fin Homes. With over three decades in the banking sector, he has developed expertise across various functional areas and geographies. His career highlights include:
- Began his banking journey as an Agricultural Field Officer at Allahabad Bank (now Indian Bank) on March 30, 1992
- Holds a degree in Agriculture and is a Certified Associate of the Indian Institute of Bankers
- Possesses certifications in Credit Management from NIBM Pune and a Diploma in Computer Applications in Financial Management
- Served in diverse roles across rural, semi-urban, urban, and metro areas in India, as well as internationally in Hong Kong
- Held key positions such as Lead District Manager, Head of International Branch, Zonal Head in Chandigarh, and Field General Manager/Chief General Manager in Kolkata
Educational Background and Skill Set
Ahluwalia's educational background and continuous learning approach have shaped his professional journey:
- Graduate in Agriculture
- Completed a Leadership Development Programme at IIM Bangalore, curated by the Banks Board Bureau in consultation with the Indian Banks' Association
- Known for his ability to build productive teams and deliver exceptional results
Current Role and Previous Position
Prior to joining the board of Can Fin Homes, Shri Ahluwalia:
- Took charge as Executive Director of Canara Bank on February 7, 2023
- Previously served as General Manager of the Recovery Department at the Corporate office of Indian Bank
Corporate Governance and Shareholder Approval
In line with corporate governance practices, Can Fin Homes has stated that it will seek shareholder approval for Shri Ahluwalia's appointment. The company assures that necessary intimations regarding this process will be communicated in due course.
Relationship with Other Board Members
While Shri Ahluwalia is not directly related to any Directors or Key Managerial Personnel of Can Fin Homes, he shares a professional connection with Shri K Satyanarayana Raju (Managing Director & CEO of Canara Bank and Chairman of Can Fin Homes) and Shri Vikram Saha (Deputy General Manager of Canara Bank and Deputy Managing Director of Can Fin Homes) as representatives of the promoter, Canara Bank.
This appointment underscores Can Fin Homes' commitment to strengthening its board with experienced professionals from the banking sector, potentially enhancing its strategic decision-making capabilities in the competitive housing finance market.
Historical Stock Returns for Can Fin Homes
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.23% | +0.45% | -8.75% | +14.53% | -5.40% | +90.92% |