Girish Kousgi after spending about 3 years at the Company has put in his papers.
- Reason for resignation is mentioned to be personal.
- Investors didn’t like the announcement and the share has corrected by about 15% since announcement in an otherwise strong market.
Personally, I am not much surprised with his decision to quit.
During his career spanning 27 years, he has worked with 7 organisations. Of this, ICICI group is the only one where he had worked for long – approx 15 years. Balance 12 years he spent across 6 organisations – in some of which he had only worked for few months.
Can Fin Homes being able to retain him for 3 years is an achievement.