IFCI Limited has informed the Exchange regarding Appointment of Shri Manikumar Sivaramakrishnan as Deputy Managing Director (DMD) of the company w.e.f. April 06, 2026.
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IFCI Limited has announced the appointment of Shri Manikumar Sivaramakrishnan as Deputy Managing Director (DMD) on the Board, effective April 06, 2026. The appointment has been made based on a letter from the Government of India, Ministry of Finance, Department of Financial Services, for a period of three years or until further orders. Shri Manikumar brings over 3 decades of experience in banking and financial services, having previously served as Chief General Manager at NABARD and COO of NABVENTURES Ltd. He is a Fellow Member of the Institute of Cost Accountants of India and holds an MBA in Finance and MS in Banking. He is not related to any existing Board director and is not debarred from holding the director position.
This is a routine appointment of a senior executive nominated by the Government of India, which is expected to have minimal direct impact on the stock. The appointment brings experienced banking leadership to IFCI.