StockWatch
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Management Change16 Sept 2026, 09:40 pm

Aye Finance CTO Resigns, Nishit Shrivastava Appointed Successor

AI Summary

Aye Finance Ltd has announced a change in its senior management. Mr. Jinu Joseph, the Chief Technology Officer (CTO) and Senior Management Personnel (SMP), has resigned from his position due to personal reasons, with his cessation effective September 30, 2026. Following this, the Board of Directors has approved the appointment of Mr. Nishit Shrivastava as the new CTO, effective October 1, 2026. Mr. Shrivastava brings over 24 years of experience in software development and financial services technology, having previously served as CITO at Muthoot Fincorp. His appointment will also designate him as SMP for Aye Finance.

Key Highlights

  • CTO Jinu Joseph resigns citing personal reasons.
  • Cessation of Jinu Joseph as CTO and SMP effective Sept 30, 2026.
  • Nishit Shrivastava appointed as new CTO effective Oct 1, 2026.
  • Shrivastava brings extensive fintech and technology leadership experience.
  • Appointment signifies a transition in technology leadership for Aye Finance.