Manappuram Finance sees a key leadership transition as Deepak Reddy takes charge as the new Chief Executive Officer. This operational development clarifies the management structure. V P Nandakumar's role shifts from "Managing Director & CEO" to solely "Managing Director." Crucially for investors, Mr. Reddy, the incoming CEO, will report directly to Mr. Nandakumar, who retains the top Managing Director position. This defines clear reporting lines and strategic oversight within the company's senior leadership.