Comfort Fincap Limited has strengthened its leadership and governance framework with the appointment of Mr Sanjeev Pandey as an Independent Director and the elevation of Ms Nirmala Kanjar as a Director of the company. The announcements were made on December 31, 2025.

Mr Pandey, a seasoned veteran of India’s banking and financial sector, brings over 35 years of experience spanning banking operations, regulation, policy and strategic advisory. An ex-Senior Banker with the State Bank of India, he has played a key role in shaping institutional and regulatory mechanisms within the financial ecosystem.

He has also served as an Insolvency Professional and led more than 1,000 Corporate Insolvency Resolution Process cases. Additionally, over 300 liquidation matters and approximately 900 individual insolvency cases were successfully resolved under his oversight, contributing to the establishment of robust governance frameworks and policies. Mr Pandey’s international experience includes his tenure as Executive Vice President – Treasury and Investments at SBI Singapore, where he gained extensive exposure to domestic treasury management, corporate banking and stressed asset resolution.

Alongside this, the company announced the elevation of Ms Nirmala Kanjar as Director, recognising her long-standing contribution and leadership within the organisation. A distinguished member of the Institute of Chartered Accountants of India, Ms Kanjar has been associated with Comfort Fincap Limited since 2015 and currently serves as its Chief Financial Officer.

Over the past decade, Ms Kanjar has played a critical role in shaping and executing the company’s financial strategy, strengthening internal controls, ensuring regulatory and statutory compliance, and managing financial risks. Her stewardship as CFO has been instrumental in enhancing financial discipline, optimising resources and supporting the company’s sustainable growth journey.

The company said Ms Kanjar’s elevation reflects the Board’s confidence in her strategic insight, institutional knowledge and commitment to strong governance. Her continued presence on the Board is expected to ensure leadership continuity and reinforce the company’s long-term value creation focus.

The Board of Directors expressed confidence that the combined experience of Mr Pandey and Ms Kanjar will further strengthen governance standards, strategic oversight and growth momentum as Comfort Fincap continues to evolve in the NBFC landscape.