Satin Creditcare Network Limited's board approved Manoj Agrawal's resignation as CFO, appointing Amit Kumar Gupta as his successor effective February 9, 2026. Agrawal, a veteran chartered accountant, exits after steering finances since 2024; Gupta brings deep financial services expertise to sustain growth in rural lending.
Satin Creditcare Network Ltd, a key player in India's microfinance sector serving rural women via joint liability groups, faces a pivotal executive change. Manoj Agrawal, appointed CFO in July 2024 succeeding Rakesh Sachdeva, has resigned, paving the way for Amit Kumar Gupta.
The move reflects strategic continuity amid robust operations, including income generation loans and MSME financing. Gupta's appointment ensures compliance, risk management, and growth in subsidiaries like Satin Housing Finance.
Key Highlights
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Resignation Details: Manoj Agrawal steps down as CFO; served since July 1, 2024, with 24+ years in finance.
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New Appointment: Amit Kumar Gupta named CFO & KMP, effective Feb 9, 2026.
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Background: Agrawal: Rank-holder CA from JP Morgan, ICICI; Gupta: Proven finance expert.
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Company Focus: Microloans to rural women, MSMEs; resilient amid sector dynamics.
Sources: Marketscreener, TipRanks, Satin Creditcare site.