B P Kanungo appointed as non-executive chairman of IIFL Finance Ltd

Exam-focused facts from the 22 December 2025 current affairs briefing.

Key facts

B P Kanungo has been appointed as the non-executive chairman of the board of IIFL Finance Ltd.
He served as Deputy Governor of the Reserve Bank of India from 2017 to 2021 and was a member of the Monetary Policy Committee.
As chairman, Kanungo will lead the board in setting strategic direction, enhancing governance standards, and safeguarding the interests of shareholders, customers, regulators, and other stakeholders.