CreditAccess Grameen Appoints Ms. Devika Praveen as the Chief Compliance Officer

CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen'), India's leading rural-focused inclusive financing platform, today announced the appointment of Mrs. Devika Praveen as its Chief Compliance Officer (CCO) with effect from 11th June 2026.

Mrs. Devika brings nearly three decades of rich experience in banking and financial services, with deep expertise in regulatory compliance, governance, anti-money laundering (AML), regulatory supervision, policy management, compliance testing, and Board-level oversight. Prior to joining CA Grameen, she served as Deputy Chief Compliance Officer at Slice Small Finance Bank.

Over the course of her distinguished career, she has held several key leadership positions across leading financial institutions, including Chief Compliance Officer at Fincare Small Finance Bank and senior compliance roles at AU Small Finance Bank, Kotak Mahindra Bank, and ING Vysya Bank. She has extensive experience in managing regulatory relationships, overseeing supervisory inspections, strengthening enterprise-wide compliance frameworks, driving AML and regulatory reporting initiatives, and ensuring robust governance practices across organizations. Mrs. Devika holds a Master of Business Administration (MBA) from the University of Mysore and is a CAIIB-qualified banking professional.

Speaking on her appointment, Mrs. Devika Praveen said, "I am delighted to join CreditAccess Grameen, an institution that has consistently demonstrated its commitment to responsible finance and financial inclusion. I look forward to working closely with the leadership team to further strengthen the Company's compliance and governance framework, foster a culture of regulatory excellence, and support its sustainable growth journey."

Mr. Ganesh Narayanan, Managing Director & CEO, CreditAccess Grameen Limited, remarked, "We are pleased to welcome Devika to CreditAccess Grameen. Her extensive experience in regulatory compliance, and governance, coupled with her deep understanding of the evolving regulatory landscape, will be invaluable as we continue to strengthen our compliance framework and uphold the highest standards of corporate governance. We look forward to her contributions in supporting the Company's long-term growth and reinforcing stakeholder trust."

Shares of CREDITACCESS GRAMEEN LIMITED was last trading in BSE at Rs. 1265.20 as compared to the previous close of Rs. 1265.55. The total number of shares traded during the day was 16588 in over 1220 trades.

The stock hit an intraday high of Rs. 1286.00 and intraday low of 1246.35. The net turnover during the day was Rs. 21055928.00.

Source : Equity Bulls

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