Aavas Financiers Appoints New Chairperson and Independent Director

Aavas Financiers Limited has announced the appointment of Mr. Vellur Gopalaraghavan Kannan as Chairperson and an Additional Director in the capacity of Non-Executive Independent Director, effective August 1, 2026. Mr. Kannan, a seasoned banking professional with over 40 years of experience in the BFSI sector, including leadership roles at State Bank of India, succeeds Mr. Sandeep Tandon. His appointment as Independent Director is for a term of five years, subject to shareholder approval. The company expressed gratitude to Mr. Tandon for his contributions. Mr. Kannan's extensive expertise spans credit, risk management, treasury, capital markets, and more.