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IDFC Bank’s Ajay Pandey to join L&T Finance
HRK News Bureau | Bengaluru | Tuesday, 05 December 2017

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Pandey will join the HR leadership team at L&T Finance Holdings in the third week of December and will report to Sunil Prabhune, chief executive - rural finance & CHRO.

Ajay Pandey, who quit IDFC Bank as the senior director-HR, is all set to join the HR leadership team at L&T Finance Holdings. Headed by Dinanath Dubhashi, who’s the MD & CEO at L&T Finance Holdings, the Company is looking at strategic restructuring and hiring, and Pandey is a significant move towards strengthening the HR function.

L&T Finance has undergone a huge turnaround under the able leadership of Dubhashi, and as it is looking at yet another leap, strengthening the HR team could come in handy. Confirming his movement to HRKatha, Pandey shares that his decision to join L&T Finance is based on the fact that he saw a tremendous opportunity to partner with business. “Sunil is someone who believes that HR is not just a support function but a strong business arm that has the power to impact business results, and this is what attracted me towards joining his team,” he says.

Further talking about his stint at IDFC Bank, Pandey said, “I’ve had a wonderful time at IDFC Bank. With N.S. Rajan joining in as the group CHRO this year, we saw immense trust and bonding within the team under his able leadership, which made it even difficult for me to decide to move. However, the larger opportunity to partner with business as an HR leader at L&T is what pulled me in.”

A seasoned HR professional with over 30 years of experience, including over 21 years in the banking, BPO, life sciences industries and nine years in the Indian Air Force, Pandey carries a wide array of experience.

A seasoned HR professional with over 30 years of experience, including over 21 years in the banking, BPO, life sciences industries and nine years in the Indian Air Force, Pandey carries a wide array of experience. He had joined IDFC Bank in November 2015, prior to which he was associated with ICICI Bank for over a decade, where he joined as the head of HR for customer service and phone banking groups, in December 2005. Growing up the ranks over the years, he moved into the role of business HR head for retail assets in May 2007, and then zonal HR head for the East Zone. In June 2013, he took over as the deputy general manager-HR heading the recruitment practice for the Bank.

Pandey is a postgraduate in human resources management/personnel management from the Somaiya Institute of Management Studies and Research, and started his career with the Indian Airforce’s Technical Branch in 1984.

© 2016 HR Katha

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