IIFL Home Finance Appoints Girish Kousgi as MD & CEO

IIFL Home Finance, a subsidiary of IIFL Finance and one of India’s leading affordable housing lenders, has appointed Mr. Girish Kousgi as its Managing Director and Chief Executive Officer. In his new role, Mr. Kousgi will oversee the company’s entire business portfolio—including home loans, MSME lending, construction finance, and non-home loan segments.

With nearly three decades of leadership experience across banking and financial services, Mr. Kousgi brings a proven track record in scaling retail lending businesses, driving operational efficiency, and building high-performance teams. His domain expertise spans mortgages, SME and Agri finance, deposit products, and asset-liability management.

Prior to joining IIFL Home Finance, Mr. Kousgi served as MD & CEO of PNB Housing Finance and Can Fin Homes, where he led strategic transformations that enhanced profitability and institutional strength. His earlier stints include senior roles at Tata Capital, IDFC Bank, and ICICI Bank across sales, credit, product, and risk functions.

Welcoming the appointment, Mr. Nirmal Jain, Founder of IIFL Group, said, “Girish joins us at a pivotal moment for the housing finance sector. His strategic insight and deep expertise will help IIFL Home Finance expand responsibly and create enduring value for customers and stakeholders.”

Commenting on his new role, Mr. Kousgi said, “I’m honoured to join IIFL Home Finance at a time when the industry is poised for transformation. With initiatives like PMAY 2.0 and rising demand from EWS and LIG segments, we are well-positioned to deliver tailored, affordable housing solutions to aspiring Indian homeowners.”