Keki Mistry now advisor to financial ventures led by Adar Poonawalla

The Cyrus Poonawalla Group — a diversified group of businesses across pharmaceuticals and biotechnology, finance, clean energy, hospitality and realty and aviation — has appointed Keki Mistry, the former HDFC Limited CEO and vice-chairman, as the strategic advisor to the Financial Services ventures spearheaded by Adar Poonawalla, chairman of Poonawalla Fincorp and CEO of Serum Institute of India.

Mistry had served as the CEO and V-C of HDFC Limited since 2010, and following its merger with HDFC Bank, he joined the bank as an additional and non-executive director (non-independent) on June 30, 2023. He is the non-executive chairman of HDFC Ergo General Insurance Company Limited too.

Welcoming Keki on board, Poonawalla said in an official statement on Monday, “To begin with, Keki’s unparalleled operating and boardroom experience in the Indian financial services sector will act as the perfect sounding board for all the financial services business management teams to scale their profitability through prudent risk management, while managing business volatility.”

Keki Mistry said, “…I am excited to guide the financial services businesses spearheaded by Adar in achieving their business plans whilst delivering responsible shareholder returns…”