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Leadership Shift & Logo Lift: SSPN Finance to Rebrand as Finoviaa Under New CEO Devjeet Chakraborty

Updated: July 18, 2025 22:20

Image Source: SSPN Finance
SSPN Finance Limited is set for a dramatic transformation as its Board of Directors, in a meeting held today, approved a package of strategic changes. The most significant developments include new management and a switch to rebrand the company, a new era for the company.
 
Key Highlights
 
Appointment of new CEO & Additional Director:
Devjeet Chakraborty has been appointed as Additional Director (Non-Independent, Executive) and Chief Executive Officer (CEO) from July 18, 2025, subject to confirmation by the next General Meeting of the shareholders.
 
Recommended Appointment as Managing Director:
The Board also sanctioned Mr. Chakraborty's proposed elevation to the position of Managing Director, subject to shareholders' consent at the Extraordinary General Meeting (EGM) or Annual General Meeting (AGM).
 
CEO Succession:
Mr. Bhupesh Kumar resigned as CEO from the date of July 10, 2025, but will remain on the Board as a Director.
 
Company Rebranding:
The Board approved a proposal for changing the name of "SSPN Finance Limited" to "Finoviaa Limited," subject to regulatory and shareholders' approval.
 
The Memorandum and Articles of Association will be amended accordingly on such approvals. These wide-ranging overhauls are just part of the company's new trajectory, with leadership and brand makeovers aimed at fueling growth and positioning in the market. 
 
Source: Company Board Meeting Release, July 18, 2025

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