Poonawalla Fincorp Limited announced that Mr. Vijay Deshwal, Chief Executive Officer (CEO) of the company has decided to take up the strategic role within the Cyrus Poonawalla Group where he will spearhead emerging investment opportunities. Consequently, he has stepped down as the CEO of the company and ceases to be a Key Managerial Personnel of the company from the close of business hours of 4 March 2022.