Manappuram Finance Limited — Others, 09-05-2025: Change in Management

Manappuram Finance has announced a board meeting on May 9, 2025, approving the appointment of Mr. Deepak Reddy as CEO and Key Managerial Personnel effective August 1, 2025. Mr. Nandakumar VP will transition from Managing Director & CEO to Managing Director effective July 31, 2025, with the new CEO reporting to him. Deepak Reddy’s 30+ years in top financial firms like Bajaj FinServ and Standard Chartered signals a strategic leadership shift aimed at driving future growth. This change could enhance operational focus and strengthen governance.