Atul Saxena Appointed MD & CEO of StockHolding Corporation of India Limited

StockHolding Corporation of India Limited (SHCIL) has appointed Atul Saxena as its new Managing Director and CEO, effective August 5, 2024. Saxena, who successfully led IFCI Infrastructure Development Ltd during the COVID-19 pandemic, was previously the Chief General Manager and one of the Principal Officers of IFCI Ltd.

StockHolding Corporation of India Limited (SHCIL), a subsidiary of state-owned IFCI Ltd, announced the appointment of Atul Saxena as the new Managing Director and Chief Executive Officer.

His appointment will be effective from August 5, 2024, SHCIL confirmed in a statement.

Previously, Saxena was the Managing Director of IFCI Infrastructure Development Ltd, where he successfully navigated the company through the challenges posed by the COVID-19 pandemic. More recently, he served as Chief General Manager and one of the Principal Officers at IFCI Ltd.

(With inputs from agencies.)