Fusion Finance Limited announced that the Board took note of the resignation of Mr. Deepak Madaan, Company Secretary, Chief Compliance Officer & Investor Relations of the Company w.e.f. August 17, 2025. The Board recorded its approved the appointment of Mr. Vikrant Sadana, as Company Secretary & Compliance Officer of the Company, designated as key managerial personnel effective from August 18, 2025. Mr. Vikrant Sadana is a seasoned governance and compliance professional, with ~18 years of experience in corporate governance, regulatory compliance, fund raising, merger & amalgamations and secretarial practices.
A qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI), Vikrant also holds degrees in Law (LL.B) and Commerce (M.Com), underscoring his multidisciplinary expertise. He has been associated with the Company since September 2022 and currently holds the position of AVP Compliance & Secretarial. Prior to working with the Company, Vikrant was associated for ~15 years with Trident Group, a conglomerate in home textiles and paper manufacturing.
The Board approved the appointment of Mr. Nishant Monga, as Chief Compliance Officer of the Company effective from August 18, 2025. Nishant is an accomplished Ethics, Compliance, and Risk professional with over 27 years of experience across BFSI, services, and manufacturing sectors. As a Certified Fraud Examiner, CAME, CFAP, and LLB, he has extensive expertise in regulatory compliance, forensic audits, fraud risk mitigation, corporate governance, and ethics programs. Prior to joining the Company, he was serving as Vice President Ethics, Risk, Audit & Compliance at Cheil India (SWA), where he has led compliance frameworks, internal audits, M&A due diligence, and whistleblower programs across South-West Asia.
His prior roles at Citibank, HSBC, and GE Countrywide involved managing regulatory coordination, fraud investigations, and risk audits. An empaneled speaker with the Ministry of Home Affairs and guest trainer at the National Forensic Science University, Nishant is recognized for building robust governance structures and fostering ethical business practices. The Board took note of the resignation of Mr. Vikas Jagdish Jajoo, Head of Internal Audit of the Company w.e.f. August 17, 2025.
The Board approved the appointment of Mr. Satish Mani, as Interim Head of Internal Audit of the Company w.e.f. August 18, 2025. Satish brings strong process control and governance oversight experience. He had joined the Company in April 2015 and currently holds the position of Chief Vigilance Officer of the Company.
He has earlier worked as Head of Internal Audit and also handled Grievance Redressal Functions of the Company as well. He has completed his bachelor's degree in Commerce from University of Delhi and completed the HBS Accion Program on Strategic Leadership in Inclusive Finance from Harvard Business School, USA. In addition, he has participated in the Risk Management for Banks and Financial Institutions as well as the Challenges of Managing Inclusive Finance, executive educational programs conducted by Indian Institute of Management, Bangalore.
He has several years of experience and has previously worked with GE Capital, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Sundaram Finance Limited in the past.
