Tata Capital, the financial services arm of the Tata Group, has appointed Anil Kaul as the Managing Director of Tata Capital Housing Finance, replacing R Vaithianathan.

“Today, housing finance is one of the major contributors to India’s economy and we see potential for this category at Tata Capital. We are confident that Kaul’s rich experience and expertise in this sector would help us strengthen our market position and expand our footprint in India,” said Rajiv Sabharwal, CEO and Managing Director, Tata Capital.

Kaul said there is huge demand in India to own a home or to invest in real estate. “Systemic real estate reforms and transformative policies by the regulator have created tremendous opportunities for us at Tata Capital Housing Finance. We endeavour to provide innovative home loan solutions to meet the diverse needs of our customers,” he added.

Kaul has spent over two decades in the financial services sector with experience in retail lending business. He has held senior positions at ICICI Bank, ICICI Lombard and Citibank. He holds an MBA in Finance from the University of Lucknow.

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