CreditAccess Grameen Limited, India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has appointed Mr Ganesh Narayanan as Managing Director and Chief Executive Officer for a five-year term, effective 5 August 2025. This follows approval from the Reserve Bank of India (RBI), which formalises the appointments already endorsed by the company’s Board and shareholders during the Annual General Meeting.

Mr Narayanan brings over 27 years of experience in banking and financial services, having previously held leadership roles at ICICI Bank, Fullerton India Credit Co. (now SMFG India Credit), and YES Bank. Since joining CA Grameen in January 2020 as Chief Business Officer, he has played a key role in scaling the microfinance business and launching the retail finance segment. He was elevated to CEO in August 2023 and now takes full charge as MD & CEO to lead the company’s next phase of growth.

Additionally, Mr Udaya Kumar Hebbar has been appointed as Non-Executive (Nominee) Director, continuing his strategic involvement with the organisation.

Mr George Joseph, Chairman and Lead Independent Director of CreditAccess Grameen, commented, “We are pleased to appoint Mr Ganesh Narayanan as Managing Director & CEO and to retain Mr Udaya Kumar Hebbar on the Board. Ganesh brings deep operational knowledge and a strong focus on customer-centric growth, positioning him well to lead the company forward. Udaya’s ongoing presence ensures strategic continuity. We are confident that the company will continue to create long-term sustainable value and advance its mission of financial inclusion.”