AAVAS Financiers: Selvin Uthaman resigns as CBO, Ripudaman Bandral appointed

AAVAS Financiers Ltd announced a change in its Senior Management Personnel. Mr. Selvin Uthaman resigned from his position as Chief Business Officer (CBO) and SMP, effective May 01, 2026, due to personal and professional commitments. Concurrently, the Board of Directors, based on the Nomination and Remuneration Committee's recommendation, approved the appointment of Mr. Ripudaman Bandral, currently the Chief Credit Officer and SMP, as the new Chief Business Officer, effective May 02, 2026. Mr. Bandral brings over 25 years of experience in business development, strategic planning, credit, and risk assessment, having served the company for the past five years as Chief Credit Officer.