Spandana Sphoorty Financial Limited at its board meeting held on November 29, 2021, appointed Nitin Prakash Agrawal as the Interim Chief Executive Officer of the company with effect from November 29, 2021. Agrawal has over 20 years off experience in the retail financial services space, and has served in various senior management roles across multiple NBFCs, a leading bank, a rating agency and a research firm. Agrawal also has unique knowledge of the company, as he was previously associated with the company as its Deputy Chief Executive Officer and its Chief Risk Officer. Agrawal started his financial services career at ICICI Bank and Fullerton India Credit Company.