# Manappuram names Ashish Singh CEO from January 2027 2026-08-12T06:15:25+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Manappuram Finance has appointed Ashish Singh as its managing director and chief executive officer from January 1, 2027, for a five-year term. Singh, who has more than 25 years of retail banking experience, currently heads retail liabilities at IDFC FIRST Bank. He has also led Bharat Banking at the bank and held senior roles at Fullerton India and ICICI Bank. V P Nandakumar will remain managing director and chairperson until December 31, 2026, before becoming non-executive chairperson. The change follows Bain Capital’s proposed Rs 4,385-crore investment and joint control of the Kerala-based lender. Rediff reports that Manappuram’s first-quarter FY27 net profit rose 341.4 per cent to Rs 585 crore, while assets under management grew 57.2 per cent to Rs 69,635 crore. ## Coverage - bfsi.economictimes.indiatimes.com - rediff.com Tags: Ashish Singh, Bain Capital, gold loan, leadership change, Manappuram Finance, V P Nandakumar Canonical: https://indianopinion.org/manappuram-finance-appoints-ashish-singh-md-ceo-from-2027/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/manappuram-finance-appoints-ashish-singh-md-ceo-from-2027/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.