ESAF Small Finance Bank Appoints Karthikeyan Manickam as Chairman

New Delhi: ESAF Small Finance Bank has appointed Karthikeyan Manickam as its new chairman, bringing decades of experience in banking, risk management, and regulatory compliance. The announcement was made by the bank on Friday, highlighting the strategic move to strengthen its leadership.

Manickam, a former Executive Director of Bank of India, will provide strategic guidance and independent oversight to the board. His expertise spans banking operations, credit monitoring, risk management, regulatory compliance, and human resource management.

Throughout his career, he has served on the boards of Tamil Nadu Grama Bank and BOI STAR Investment Managers. He also held the role of Chairman at Star Union Dai-ichi Life Insurance Company (SUD Life), showcasing his extensive experience in governance and strategic decision-making across the financial sector.

The appointment reflects ESAF Small Finance Bank’s focus on strong corporate governance, effective risk management, and sustainable growth, positioning the bank for continued expansion in India’s competitive banking sector.