Deepak Reddy takes charge as new CEO of Manappuram Finance Ltd.
Manappuram Finance
has appointed
Deepak Reddy
as
Chief Executive Officer
of the company with effect from Friday, i.e. August 1, 2025.
V P Nandakumar
, former Managing Director and
CEO
of Manappuram, now holds the position of MD in the company w.e.f. July 31, 2025.
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Reddy is said to report to former CEO Nandakumar, the company said in a statement.
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Reddy has more than 30 years of experience across the finance sector. "His leadership philosophy centres on empowering teams to envision, enable and execute, ensuring the organization remains future ready with next generation leaders," the company stated.
He has previously worked in Bajaj FinServ Ltd for 17 years, American Express Bank Ltd for 9 years, Standard Chartered Bank for 1.5 years and JVC Onida (at MIRC Electronics Ltd) for 4.5 years.
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On BSE, shares of Manappuram Finance Limited were trading at Rs 250.70 per unit as on 10:24 AM on Friday.
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