Asirvad Microfinance appoints new CEO and COO to boost inclusive expansion

Asirvad Microfinance

Asirvad Microfinance, a prominent non-banking financial company, has introduced Dr. Roy Varghese as its new Chief Executive Officer (CEO) and Unnikrishnan Janardanan as Chief Operating Officer (COO). These significant leadership appointments are intended to propel the company’s inclusive expansion, enhance governance standards, and widen access to financial services for underserved and unbanked populations throughout India.

Dr. Roy Varghese brings with him more than three decades of experience in the banking and financial services sector, covering diverse areas such as retail and corporate banking, foreign exchange, and financial inclusion. He has previously held senior roles at Axis Bank, IDBI Bank, Jana Small Finance Bank, and CSB Bank, and is well-regarded for his expertise in rural credit, agri-finance, and micro-lending. As CEO, Dr. Varghese will oversee Asirvad Microfinance’s growth strategy, drive operational improvements, ensure adherence to regulatory requirements, and work towards expanding the company’s reach on a national scale.

Alongside him, Unnikrishnan Janardanan steps in as COO, bringing over 30 years of experience in banking, financial services, and microfinance. His previous role as CEO of Navachetana Microfin Services Pvt Ltd saw him lead the company’s expansion across several states. Janardanan has also held leadership positions at ICICI Bank, IndusInd Bank, DCB Bank, and Bajaj Auto Finance. In his new capacity, he will focus on optimizing operations, elevating service delivery, and integrating business processes, further reinforcing Asirvad’s dedication to customer-focused microfinance.

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The Board of Directors at Asirvad Microfinance has voiced strong confidence in the new leadership team, highlighting their extensive experience, deep understanding of rural markets, and commitment to inclusive finance as essential to the company’s mission of fostering positive change through responsible microfinance.

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