India-based Repco Home Finance Ltd. appointed Yashpal Gupta managing director and CEO, effective Jan. 3.

Gupta previously served as COO of the company. He replaces R. Varadarajan who retired as managing director on Dec. 31, 2018.

Gupta's appointment is subject to shareholders' approval. He has been appointed an additional director in the capacity of managing director and CEO for a three-year period, the company said.