Manappuram Finance Limited has named Deepak Reddy as its new Chief Executive Officer, bringing over 30 years of extensive leadership experience in financial services and consumer sectors. “Deepak Reddy has been appointed as the Chief Executive Officer of Manappuram Finance Limited, bringing with him over three decades of diverse leadership experience across the financial services and consumer sectors.” His appointment reflects the company’s strategic focus on leveraging seasoned expertise to navigate growth and innovation within the evolving NBFC industry.
Before joining Manappuram Finance, Deepak served as President – Rural Lending, Gold Loans, and Insurance Businesses at Bajaj Housing Finance Limited, where he led several strategic initiatives spanning multiple business verticals. “Prior to this, he served as President – Rural Lending, Gold Loans, and Insurance Businesses at Bajaj Housing Finance Limited, where he spearheaded strategic initiatives across multiple verticals.” His association with the Bajaj Finserv Group spans over 17 years, including pivotal roles such as Group Head – Human Resources at Bajaj Finserv Ltd and Chief – Human Resources, Administration & Group Learning Academy at Bajaj Finance Ltd. During his tenure, Deepak played a key role in launching and managing Business Loans, Personal Loans, and Vendor Financing verticals, highlighting his versatile leadership across business and HR functions.
Earlier in his career, Deepak held senior positions at American Express Bank as Director – Consumer Cards and National Sales Manager, overseeing major metropolitan markets including Bangalore, Hyderabad, Chennai, Delhi, and Mumbai. “Before his association with Bajaj, Deepak Reddy held senior roles at American Express Bank, including Director – Consumer Cards and National Sales Manager, covering key markets such as Bangalore, Hyderabad, Chennai, Delhi, and Mumbai.” His experience also extends to Standard Chartered Bank, where he managed Auto Loans in Chennai, and the consumer durables retail sector with JVC-Onida, where he began his professional journey.
With a proven track record in both business growth and human resources leadership, Deepak’s appointment marks a new chapter for Manappuram Finance as it aims to strengthen its market presence and innovate within the financial services landscape. “With a strong track record in both business and HR leadership, his appointment signals Manappuram Finance’s strategic intent to leverage his deep industry expertise for driving growth and innovation in the evolving NBFC landscape.”