The Board of Directors at Manappuram Finance Ltd has reappointed Mr. VP Nandakumar as the Managing Director and Chief Executive Officer. His new term will start on April 1, 2024, and will run until March 31, 2029.
This decision follows the recommendations of the Nomination Compensation and Corporate Governance Committee and will need to be approved by shareholders at the 31st Annual General Meeting.
V P Nandakumar holds a postgraduate degree in science, along with additional qualifications in banking and foreign trade. After finishing his education, he began his career at Nedungadi Bank Limited. In 1986, he left the bank to take over the family business after the passing of his father, V.C. Padmanabhan.
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