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Business Economy


SSFL appoints Nitin Prakash Agrawal as interim CEO

Hyderabad, Nov 30 (UNI) Micro Finance Company Spandana Sphoorty Financial Limited (SSFL) has announced the appointment of Mr Nitin Prakash Agrawal as the Interim Chief Executive officer (CEO) of the Company with effect from November 29.
As per an exchange filing by SSFL on Monday, it said that it also appointed Mr Amit Mittal as the interim Chief Financial Officer (CFO) of the Company with effect from November 29.
Mr Agrawal has over 20 years of experience in the retail financial services space and has served in various senior management roles across multiple NBFs, a leading bank, a rating agency and a research firm.
He also has unique knowledge of Spandana, as he was previously associated with the Company as its Deputy Chief Executive Officer (CEO) and its Chief Risk Officer (CRO).
The new interim CEO started his financial services career at ICICI Bank and fullerton India Credit company and holds Post Graduate degree in rural management from IRMA.
Mr Mittal has over 30 years of experience as a Corporate CFO managing Finance supply chain and business across diversified industries and geographies at Unilever and Forbes and Company, and has also served as the CFO of publicly listed businesses like Greaves Cotton.
He also serves as Operating Director-Finance at Kedaara Capital.
Mr Agrawal and Mr Mittal will oversee the day-to-day functioning of the company on an interim basis, under the guidance of the Board of Directors, the SSFL added.
UNI KNR CS 1448
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