Spandana Sphoorty Financial Limited approved the appointment of Mr. Ashish Damani as Chief Financial Officer of the Company with effect from March 19, 2022, at its board meeting held on March 18, 2022. Mr. Damani held key managerial positions of Executive Director, Chief Financial Officer among others in his previously employment with Bharat Financial Inclusion Limited (formerly known as `SKS Microfinance
Limited') over a period of 19 years. He was formerly Manager CMM with Fullerton India Credit Company Limited.