Deepak Reddy Resigns as CEO of Manappuram Finance – Moneycontrol.com

Deepak Reddy Resigns as CEO of Manappuram Finance

Deepak Reddy has submitted his resignation as Chief Executive Officer of Manappuram Finance, a prominent non-banking financial company in India. His resignation will take effect on December 31, 2026, allowing for a transitional period during which he will continue to oversee operations.

Manappuram Finance, headquartered in Kerala, is known for providing a variety of financial services, including gold loans, microfinance, and insurance. The company has grown significantly since its inception in 1991 and is listed on the National Stock Exchange and Bombay Stock Exchange.

Reddys departure follows a reported strategic review of the companys operations as it navigates the evolving financial landscape in India. The reasons behind his resignation have not been publicly detailed at this time.

As of now, the company is expected to appoint an interim CEO or begin the search for a permanent replacement shortly. Stakeholders are keenly observing how this leadership change will affect the company’s direction and performance in the upcoming years.

For more details on this development, please refer to news outlets like Moneycontrol, The New Indian Express, CNBC TV18, and scanx.trade.