 "Spandana Sphoorty")
Microfinance lender Spandana Sphoorty has appointed Shalabh Saxena as the new managing director and chief executive officer (MD & CEO) of the company. This comes after the exit of Padmaja Reddy as the CEO, who was also the founder of the company. Saxena is currently the MD&CEO of Bharat Financial Inclusion.
In a statement to the exchanges, the company said, Ashish Damani has been appointed as the President and chief financial officer of the company. Incidentally, Damani is also from Bharat Financial Inclusion and is currently serving as the CFO. Further, Abanti Mitra, who has been an independent director on
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