Manappuram Finance appoints Dr Sumitha Nandan as Executive Director

Manappuram Finance Ltd has appointed Dr Sumitha Nandan as Executive Director. Earlier, she had worked in the company as Executive Assistant to MD & CEO and Senior Vice President in charge of Corporate Coordination. She was also in charge of Online Gold Loan in the capacity of CEO-OGL till 1st September 2018 and led the digitalisation initiatives of the company.

"We are pleased to inform you that Dr Sumitha Nandan has joined Manappuram Finance Ltd in the capacity of Executive Director effective 1st January 2023. We look forward to her inspiring leadership and contribution to take our business to the next level," said VP Nandakumar, MD and CEO of Manappuram Finance.

"It gives me great pleasure to take up this new responsibility in Manappuram Finance. I thank the management for showing faith in me and the entire staff for their rousing welcome. I am sure that together; we will make Manappuram not only one of the best places to work but also a company that constantly drives for excellence."

Dr Sumitha is a medical professional with a postgraduate degree (MS) in Obstetrics & Gynecology) from Sree Ramachandra University, Chennai.

Shares of Manappuram Finance Limited was last trading in BSE at Rs. 121.65 as compared to the previous close of Rs. 118.45. The total number of shares traded during the day was 228142 in over 1989 trades.

The stock hit an intraday high of Rs. 121.90 and intraday low of 118.75. The net turnover during the day was Rs. 27517214.00.

Source : Equity Bulls

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