The board of directors of India Lease Development Limited at its meeting held on May 16, 2019, approved resignation of Ms. Sumana Verma from the post of Chief Executive Officer of the company with effect from the closing hours of 16 May, 2019. However she will continue to serve as Director on the board of the company. The board approved the appointment of Mr. Murali. S as Chief Executive Officer with effect from May 16, 2019. Mr. Murali. S comes with over 30 years of professional experience in the financial sector.