Manappuram Finance appoints Sankaran Nair Rajagopal to its Board

The Kerala-based NBFC, Manappuram Finance Limited announced the appointment of Sankaran Nair Rajagopal as Additional Director on the company’s Board, with effect from January 1, 2024.

According to the company’s exchange filing, “the Board of Directors at their meeting held on November 13, 2023 has appointed Mr. Sankaran Nair Rajagopal (DIN: 10087762) as an Additional Director of the Company with effect from January 01, 2024.”

Dr. Rajagopal had a career of about 33 years in RBI having occupied senior positions including that of Regional Director for Maharashtra & Goa. As part of his assignments, he had been associated with a series of regulatory initiatives and has also been the General Manger at RBI, Bangalore with DBS oversight. Prior to joining RBI, he had been with Bank of India and SBI for short periods.

While in RBI he had worked in Executive positions in areas such as supervision & regulation of commercial banks & urban co-operative banks, financial stability analysis, payment system operations, foreign exchange, financial inclusion, currency management, human resources management and training (as teaching faculty) and has also served as nominee Director of RBI in Global Trust bank (during amalgamation with OBC) and Bank of Maharashtra. Post retirement (in 2019) he was engaged by Axis bank as Advisor for three years and is now serving as a Senior Advisor (External Consultant) with J. Sagar & Associates , a leading Law Firm on part-time basis.

Dr. Rajagopal has Board experience as RBI’s nominee Director in erstwhile Global Trust Bank during the process of Amalgamation with OBC and also as a RBI’s nominee on the Board of Bank of Maharashtra. Currently he is on the Board of InCred financial Services, a new-generation NBFC based in Mumbai since April 2023.

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