Mumbai, May 12 -- Reddy brings over 30 years of experience in the financial services industry. He has held leadership positions at leading institutions including Bajaj FinServ, where he served for 17 years, American Express Bank (approximately 9 years), Standard Chartered Bank (1.5 years) and MIRC Electronics (JVC Onida) for about 4.5 years. An alumnus of a B.Com program, Reddy also holds a Post Graduate Diploma in Management (PGDM).

The company clarified that Reddy is not related to any of the directors on the board and is not debarred from holding any directorial position by SEBI or any other regulatory authority.

Following this appointment, the designation of Nandakumar V.P. will change from Managing Director & CEO to Managing Direct...