BusinessLine (Hyderabad)

IIFL Samasta Finance adds three members to its Board

- KR Srivats

IIFL Samastrate­gicsta Finance, a non-banking microfinan­ce company (NBFC-MFI), has appointed three members including former Nabard Chairman, Govinda Rajulu Chintala to its Board of Directors

The other two members are R Venkataram­an, co-promoter of IIFL Group and Kalengada Mandanna Nanaiah, former Managing Director of Equifax Credit Informatio­n Services.

6 MEMBERS

While Venkataram­an joined as Additional Director (nonexecuti­ve), Chintala and Nanaiah joined as Additional Director (non-executive and Independen­t). The Board will now comprise of six members.

Chintala was the Nabardhair­man till July 31, 2022.

Venkatesh N, Managing

Director of IIFL Samasta, said, “We are delighted to have GR Chintala, KM Nanaiah and R Venkataram­an, as our esteemed members of the board of directors. Their wealth of knowledge and insights will be instrument­al in propelling our ongoing pursuit of innovation, delivering unparallel­ed value to our customers, and realising our ambitious objectives.”.

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