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Leadership Shuffle at Mideast Portfolio Management Ltd.: Jyoti K. Shah Steps Down, Poonam Kishor Shah Takes Over as CFO

Updated: July 15, 2025 12:01

Image Source: mideastportfolio.com

In a key leadership transition, Mideast Portfolio Management Ltd. has announced the resignation of Jyoti K. Shah from her dual role as Director and Chief Financial Officer (CFO). The company has appointed Poonam Kishor Shah as the new CFO, effective immediately, signaling a strategic refresh in its financial stewardship.

Details of the Transition

Jyoti K. Shah, a long-serving executive and board member, stepped down from her position citing undisclosed reasons.
She had been associated with the company since 1991, holding various leadership roles including Whole-Time Director and CFO.
The Board has approved the appointment of Poonam Kishor Shah, who brings financial acumen and continuity to the role.

About the New CFO

Poonam Kishor Shah is expected to oversee the company’s financial strategy, compliance, and reporting functions.
Her appointment aligns with Mideast’s ongoing efforts to strengthen governance and streamline operations.

Board Commentary

“We thank Jyoti Shah for her decades of service and welcome Poonam Shah to the leadership team. This transition reflects our commitment to evolving with the times while preserving institutional knowledge,” said a company spokesperson.

Sources: Mideast Portfolio Management, GoodReturns, FileSure

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