Deepak Reddy appointed CEO of Manappuram Finance

Manappuram Finance has named Deepak Reddy as its new Chief Executive Officer (CEO), marking the start of a new chapter for the leading NBFC. Reddy steps into the role at a pivotal time, as Manappuram looks to strengthen its diversified lending portfolio beyond gold loans, including microfinance, vehicle loans, and affordable housing finance. With decades of experience in the financial services sector, Reddy brings expertise in building scalable businesses and driving operational efficiency. His appointment follows the company’s focus on governance, digital-first solutions, and rural financial inclusion. Manappuram has been central to India’s gold loan market but evolving regulatory oversight and growing competition require sharper strategic execution. Reddy will be responsible for accelerating digital adoption, expanding the customer base in underbanked regions, and ensuring sustainable growth. His leadership is expected to reinforce the company’s reputation for innovation, customer-centricity, and prudent risk management.