Asirvad Microfinance Limited, a subsidiary of Manappuram Finance Ltd, has announced the appointment of Dr Roy Varghese as Chief Executive Officer (CEO) and Mr Unnikrishnan Janardanan as Chief Operating Officer (COO).
Dr Varghese has over 33 years of experience in the banking sector, including roles at Axis Bank, IDBI Bank, Jana Small Finance Bank, and CSB Bank. His background includes retail and corporate banking, foreign exchange, and financial inclusion. As CEO, he will oversee the company’s growth, operational efficiency, regulatory compliance, and business expansion.
Mr Janardanan, appointed COO, has over 30 years of experience in banking, financial services, and microfinance. He was previously CEO of Navachetana Microfin Services Pvt Ltd and has held positions at ICICI Bank, IndusInd Bank, DCB Bank, and Bajaj Auto Finance. In his new role, he will be responsible for operations, service delivery, and business integration.
Commenting on the appointments, the Board of Asirvad Microfinance said “We are delighted to welcome Dr Roy Varghese and Mr Unnikrishnan Janardanan to the Asirvad team. Their vast experience in financial services, deep understanding of rural markets, and commitment to inclusive finance will further our mission of transforming lives through responsible microfinance. We are confident that, under their leadership, Asirvad will continue to scale new heights and deepen its impact across the communities we serve.”
Asirvad Microfinance provides financial services to underserved segments of society and states that these appointments support its focus on sustainable growth and operational direction.
