Kapil Wadhawan will be CEO of DHFL until a strategic partner comes on board

Harshil Mehta, who quit as joint managing director and CEO on Feb 13, to continue as Executive President-Retail Business

Kapil Wadhwan, chairman and managing director of DHFL, will now hold the additional responsibility of CEO until the housing finance company gets a strategic partner on board.

Harshil Mehta, who was the joint managing director and CEO of the company, resigned on February 13. However, the company informed the stock exchanges that he will continue as Executive President–Retail Business.

“This decision is in alignment with DHFL’s plan of closing a strategic partnership deal in the next quarter which requires broad-basing and demarcating the Board of Directors from daily management,” DHFL said in a statement.

The company also plans to induct